Seminar 7: Insurance

Seminar 7: Insurance

5 February 2015, 16:00 – 18:00, European Parliament

The EPFSF training sessions for MEP assistants are designed tp deliver a deeper understanding of financial markets and services. The pupose of this seminar is to cover the basics of insurance and o provide and introduction to the role of insurance in the wider economy. The seminar will also deal with the main aspects of the regulatory and supervisory framework for insurance in Europe.

PROGRAMME

 

16:00   Introduction

16:05   The role of insurance in society and the economy

– Protection and long-term savings
– Facilitating business activities
– Role of insurer as institutional investors

16:25   Key things to know about the insurance business model

– Pooling of risks
– Calculation of premiums
– Diversity of business models and risks covered

16:50   Policy issues

– The prudential environment
– Long-term investment
– Distribution of insurance products
– Pensions

17:25   Q&A

17:55   Closing remarks

18:00   End of session

Moderator: Nicolas Jeanmart, Head of Personal Insurance, General Insurance and Macro-Economics, Insurance Europe

Panel of speakers:

Alexandru Ciungu, Policy Advisor, Personal Insurance & Macro-Economics, Insurance Europe
Nicolas Jeanmart, Head of Personal Insurance, General Insurance and Macro-Economics, Insurance Europe
Olav Jones, Deputy Director General, Insurance Europe
Adam McCarthy, Head of Government and Industry Affairs, Europe, Zurich Insurance Company
Gordon Scott, Head of EU Public Affairs, Life and Pensions, Prudential
William Vidonja, Head of Conduct of Business, Insurance Europe