Insurance Europe aisbl - Rue Montoyer 51 B-1000 Brussels - Belgium
  • 7th International Insurance Conference footage now available on YouTube

    Those wishing to catch-up with the important discussions that took place at Insurance Europe’s recent International Insurance Conference in Luxembourg can now watch footage of the event on the federation’s YouTube channel.

    This includes various keynote speeches and panel discussions from throughout the day, as well as the video messages from European Commission vice-president Jyrki Katainen and Commissioner for Financial Stability, Financial Services and Capital Markets Union, Jonathan Hill.

    Various other materials, such as images, speeches and presentations, are also available here

    30 Jun 2015
  • Last chance for EU policymakers to fix data protection rules

    Last chance for EU policymakers to fix data protection rules

    Europe’s insurers remain extremely concerned about several aspects of proposed EU data protection rules that are due to enter the final stages of discussion by the European institutions, according to Insurance Europe, the European insurance and reinsurance federation.
    Today the Council of the EU adopted its general approach on the proposed regulation on the protection and free movement of data. This means that discussions to finalise the rules, called trialogue discussions, can begin between the European Parliament, the Council and the European Commission. Consequently, it is important that insurers’ concerns are taken on board during these final discussions to avoid the rules having unintended consequences. 

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    15 Jun 2015
    Conduct of business
  • 7th International Insurance Conference held in Luxembourg

    Last week Insurance Europe held its 7th International Insurance Conference, which focused on issues relating to the globalisation of insurance.
    The event, which was held in Luxembourg, broke its own record in terms of attendance, with around 400 people in the audience and 40 countries represented. It also received extensive international press coverage and a huge amount of twitter engagement, with around 500 tweets to the #InsConf15 hashtag.
    The line-up of speakers and panellists included a variety of high-level speakers from both the insurance industry, its regulators and other stakeholders.
    A number of breakout sessions tackled issues such as adapting the pensions market to changing demographics, opportunities for using smart technology, investing in infrastructure, how to address underinsurance and how to adapt to extreme events.
    For access to materials from the conference, such as images, speeches and presentations, please click here

    02 Jun 2015
  • Sergio Balbinot reappointed as president of Insurance Europe

    Sergio Balbinot reappointed as president of Insurance Europe

    The general assembly of the federation has unanimously voted to extend the mandate of Sergio Balbinot as president of Insurance Europe for a further three years.
    The mandate of Balbinot, who is a member of the management board of Allianz SE, and who is responsible for southern and western Europe and Africa, had been due to expire in 2015.
    Commenting on his reinstatement, Balbinot said: “I am honoured to have been asked to continue in my role as president of Insurance Europe. I look forward to working with my colleagues in representing Europe’s insurers during what will be a challenging time for our industry.”
    These challenges and others were addressed in Insurance Europe’s annual report, which was published today. 

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    26 May 2015
  • Response provided to Commission consultation on securitisations

    Insurance Europe recently responded to a European Commission consultation on an EU framework for simple, transparent and standardised securitisation.

    In its response, Insurance Europe said it supports the use of good securitisations to help fund the European economy.
    It also indicated that enhanced standardisation, transparency and quality of securitisations will support insurers' access and interest in this asset class.
    While acknowledging that the development and compliance with such provisions could take time, Insurance Europe warned that this must not be used as an excuse to delay the immediate review of the current prudential treatment of securitisations  which, as it stands, is inappropriate.
    Insurance Europe said that, in the short-term, a number of improvements in the Solvency II approach for qualifying securitisations are needed.
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    19 May 2015
  • Response provided to the Capital Markets Union green paper

    Today, Insurance Europe published its response to the Commission’s consultation on Capital Markets Union (CMU). Insurance Europe welcomes the objectives of the CMU project: to unlock more investment for all Europe’s companies and infrastructure, to ensure that conditions are right for further foreign investment, and to open alternative sources of funding to ensure stable financial systems. 

    As Europe’s largest institutional investors, the (re)insurance sector welcomes the opportunity to contribute to this important debate and to share its views on how the above objectives could be reached. Details on Insurance Europe’s key considerations are available in its response to the consultation, which is available here.
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    13 May 2015