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Key issues in the insurance sector at the global level

Day 1 Afternoon

Wednesday 14 April

Track :

ESG AND FINANCIAL POLICIES

Speakers

Chair
Peter Braumüller
Vice-Chairperson - European Insurance and Occupational Pensions Authority (EIOPA)
Public Authorities
Alberto Corinti
Member of the Board of Directors - Italian Insurance Supervisory Authority (IVASS)
Jonathan Dixon
Secretary General - International Association of Insurance Supervisors (IAIS)
Industry Representative
Stefanie Ott
Head of Group Qualitative Risk Management - Swiss Re Management Ltd
Other stakeholder & expert
Jean-Jacques Bonnaud
EUROFI

Objectives

The session is dedicated to developing and clarify the stakes and action plans of certain IAIS overarching priorities for the coming years, which are: 

  • Risk assessment and the maintenance of financial stability, including ongoing assessment of potential vulnerabilities arising from the impact of Covid-19. 
  • Delivering on key post-crisis reforms, including further refinement of the ICS during the current five-year monitoring period and the consistent implementation of the Holistic Framework. 
  • Addressing the risks and opportunities of key trends, especially those accelerated by the Covid-19 crisis, like technological innovation, cyber risk, climate risk and financial inclusion to address the protection gap.

Points of discussion

  1. How has the insurance sector fared during 2020?
  2. What is the progress made regarding the global implementation of Insurance Capital Standard (ICS) and Holistic Framework for the Assessment and Mitigation of Systemic Risk in the Insurance Sector?
  3. What are the new sources of risk and supervisory and regulatory challenges, that deserve further attention at the global level? What are the policy priorities at the global level?