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Insurance Europe aisbl - Rue Montoyer 51 B-1000 Brussels - Belgium
  • Koller warns of consumer impact at Parliament hearing

    The negative consequences of the European Court of Justice ruling (ECJ) that has led to a ban on the use of gender as a factor in insurance pricing must be understood, Insurance Europe's director general, Michaela Koller, told a European Parliament hearing on the impact of the ruling. Premium increases are expected for lower-risk groups, such as young women drivers and women seeking term life insurance, as a result of the ruling.

    Koller warned of the danger of a possible legal challenge to the EU's draft Anti-Discrimination Directive, if it were to be structured in the same way as the EU Gender Directive that was challenged by the ECJ. "A ban on insurers using age  or disability in insurance pricing would signal the end of the private insurance business model. It would have a massive impact on the affordability and availability of insurance for EU consumers," she told the hearing in the Women's Rights and Gender Equality Committee today.

    16 May 2012
    EU Single market & consumer protection
  • VAT discussions should continue

    Insurance Europe has joined five other financial services associations in a call to the Danish EU Presidency and the upcoming Cypriot Presidency to restart the stalled work on the EU VAT Directive.

    Key VAT issues for the insurance and other financial services sectors remain unresolved and there is still no EU legislation that clearly defines which financial services should be exempt from VAT. The group have written to the presidencies to urge them to restart the work to modernise and simply the legislation, which causes uncertainty for EU businesses and distorts competition with non-EU operators.

    04 May 2012
    Taxation
  • Princess to open Insurance Europe conference

    Princess Máxima of the Netherlands will give the opening address at Insurance Europe's 4th International Conference in Amsterdam on 1 June. The princess, who is the UN Secretary-General's Special Advocate for Inclusive Finance for Development, takes an active interest in policies to increase access to financial services and to improve financial education.

    Registration for the conference closes in just over two weeks. A limited number of places remain available for this full day of speeches and panel debates on issues including regulation, ageing populations and climate change.

    02 May 2012
  • Key messages on genetic testing

    Insurance Europe has sent key messages to the Council of Europe in response to its consultation on predictivity, genetic testing and insurance.

    The messages relate to how insurers assess risk and the information they use, data protection issues, and the differences in regulations and market structures across Europe.

    - Insurance Europe letter to Council of Europe
    - Insurance Europe contribution to Council of Europe consultation

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    27 Apr 2012
  • Final conference panel announced

    The participants in the "Global regulatory challenges" panel debate at Insurance Europe's June conference in Amsterdam have been revealed.

    They are John Huff, Missouri Director of Insurance; Yoshihiro Kawai, secretary general of the IAIS; Axel Lehmann, chief risk officer of Zurich Insurance Group; and Nicolas Moreau, chairman and CEO of Axa France. The panel will be moderated by the Karel Van Hulle of the European Commission.

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    24 Apr 2012