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Event
Solvency II Conference

Insurers, policymakers and regulators gathered in Brussels on 26 June 2018 for Insurance Europe’s Solvency II Conference. The theme of the conference was "Two years on and two reviews" (programme).

The event was opened by the Michaela Koller, Insurance Europe director general (video). She was followed by Insurance Europe deputy director general Olav Jones, who presented the results of a survey of insurers from across Europe showing that Solvency II brings benefits but deters long-term business (videopresentation, press release).

  

During the first panel debate of the day “Two years on — Solvency II in practice” supervisors and representatives from the insurance industry debated the positive and negative effects of Solvency II. It featured the following speakers:

  • Alberto Corinti, Member of the board of directors at the Italian Institute for the Supervision of Insurance (IVASS)
  • Hans De Cuyper, CEO of AG Insurance, Belgium
  • Frank Grund, Chief executive director of insurance & pension funds supervision at the German Financial Supervisory Authority (BaFin)
  • Ismael Moreno, Chief risk officer, VidaCaixa, Spain

The session was moderated by Olav Jones (panel video).

  

  

The afternoon session was opened by Insurance Europe president Andreas Brandstetter, who expressed the insurance industry’s firm support for the Solvency II regime. Brandstetter welcomed the improvements the European Commission has already made to the framework, but called for improvements to be made to Solvency II during the 2018 and 2020 reviews of the framework (videopresentation, press release).

He was followed by European Commission Vice-President Valdis Dombrovskis (videospeech), who set out the European Commission’s priorities for the 2018 and 2020 reviews.

Gabriel Bernardino, chairman of the European Insurance & Occupational Pensions Authority (EIOPA), said that we should be open to confront things that need to be reviewed in Solvency II, while maintaining policyholder protection (videospeech).

  

The second panel debate of the day discussed how the 2018 and 2020 reviews can achieve Solvency II’s potential. It featured the following speakers:

  • Nathalie Berger, Head of the European Commission’s insurance & pensions unit
  • Gabriel Bernardino, chairman of EIOPA
  • Lionel Corre, deputy director of insurance at the French Treasury
  • Luigi Lubelli, Group chief financial officer of Generali, Italy
  • Immo Querner, Chief financial officer of Talanx, Germany

The session was again moderated by Olav Jones (panel video).

  

  

The video recordings of the conference debates are available on Insurance Europe's YouTube channel.

Published 26 June 2018
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Contacts
Amélie Chantrenne
Amélie Chantrenne
Event coordinator/secretary