An important new dimension of the regulatory environment in banking and insurance is the explicit reliance on market discipline. Expectation: A transparent market will require less overt intervention by regulators (market participants themselves force appropriate behavior)...

Significant amount of work currently undertaken by CEIOPS; Some challenging times ahead; I will focus on two main workstreams: PRIPs and IMD Revision...

The process; A case for EU action; IGS in MS of the EU/EAA; Design Features; The outcome: What size?...

U.S. policy holder protection; U.S. garanty fund system; Notable Features...

This session is about the grwoing political influence - and sometimes what I would regard as interference - with liability insurance in Europe. To me, this is a growing problem and I don't know when it is going to end. It could, however, lead to a complete reshaping of liability insurance and i...

Former CEIOPS Intermediaries Expert Group, CEIOPS Committee on Consumer Protection, Conclusions of the De Larosière Report, Lessons learned from the crisis...

Effective market regulation is criticial to consumer protection. Communication between various insurance department division is key. Market regulatory reforms are focusing on analysis, uniformity and collaboration...