Mack participated in the 5th Conference on Global Insurance Supervision (GIS), September 6-7, 2017, in Frankfurt

The European Insurance and Occupational Pensions Authority (EIOPA) in cooperation with the International Center for Insurance Regulation (ICIR), the Research Center SAFE – Sustainable Architecture for Finance in Europe and the World Bank Group convened the 5th Global Insurance Supervision (GIS) Conference 2017, which took place on 6th and 7th September 2017 in the Frankfurt am Main, Germany.

Top representatives from major (re)insurance groups, regulatory and supervisory authorities as well as renowned academics from around the globe will gather in Frankfurt to debate and exchange views on the current and future key topics of international insurance supervision, focusing on global trends in risk-based supervision and the challenges linked to the implementation of global standards.

(Photo Source: ICIR’s page on the 5th Conference on Global Insurance Supervision)

This year’s conference explored developments that shape the future of the global insurance and (re)insurance sector, focusing on the following topics:

  • The effects of climate change on the (re)insurance sector
  • The latest developments in consumer protection
  • The interconnection of micro- and macro-regulatory aspects to achieve financial stability
  • Material
    EIOPA’s page on the 5th Conference on Global Insurance Supervision (You can download presentations here)
    A detailed programme (via EIOPA website)

    Mack participated in the Break-Out Sessions: Consumer Protection as one of the moderators to discuss how to meet expectations of policyholders on a wide range of topics including selection of products, claims handling, financial education, policyholder protection under stressed scenario:

  • Ms Michaela Koller, Director General, Insurance Europe
  • Makoto Okubo, General Manager, International Affairs New York Representative Office, Nippon Life
    Insurance Company
  • Ms Katja Würtz, Head of Consumer Protection Department, EIOPA – European Insurance and Occupational
    Pensions Authority
  • Mack also took a microphone following a presentation on Sustainable insurance by Butch Bacani, Programme Leader, UNEP FI Principles for Sustainable Insurance Initiative and explained APFF activities on supporting sustainable, resilient and inclusive growth of the Asia Pacific region.

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