Changing Insurance Regulation Nicolas Jeanmart, Head of Non-Life, Life & Macro-Economics...

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Members 34 national associations 27 EU member states 5 non-EU markets Switzerland, Iceland, Norway, Turkey, Liechtenstein 2 associate members Serbia, San Marino 1 partner Russia 3

Transcript of Changing Insurance Regulation Nicolas Jeanmart, Head of Non-Life, Life & Macro-Economics...

Changing Insurance RegulationNicolas Jeanmart, Head of Non-Life, Life & Macro-Economics

International Insurance Conference of MABISZBudapest, 6 November 2014

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Insurance Europe

Who?

What?

Why?

European insurance and reinsurance federation, founded in 1953

Represents around 95% of European insurance market by premium income

Committed to creation of favourable regulatory and supervisory framework for insurers at European and international level.

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Members

34 national associations

27 EU member states

5 non-EU marketsSwitzerland, Iceland, Norway, Turkey, Liechtenstein

2 associate membersSerbia, San Marino

1 partnerRussia

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Contribution to the economy

Insurance Europe represents more than 5 000 European (re)insurers, which:

generate premium income of more than €1 100bn

employ almost one million people

invest almost €8 600bn in the economy

Setting the scene

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Implementation and Focus

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Margin for manoeuvre

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Prudential regulation

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Insurance conduct of business

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Pensions

Emerging technologies

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Prevention

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For more information

www.insuranceeurope.eu