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The Association participated to the CEA Single Market Committee Meeting
On 9 December 2009, the Association participated to
the CEA Single Market Committee Meeting. At the meeting, the Association was
represented by Ms.Muge Soysal , Assistant EU and International Affairs
Specialist.
In the first part of the meeting, Financial Attaché, Spanish Permanent
Representative to the EU, made a presentation on the priorities of Spain in the
field of financial services during the EU Presidency.
At the meeting, developments regarding packaged retail investment products (PRIPs),
financial education and the future of the block exemption regulation and anti-discrimination
in the financial services were also discussed.
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The Association participated to the CEA Consumer Protection Conference
On 10 December 2009, the Association
participated to the CEA Consumer Protection Conference, which brought
together delegates of national insurance associations, experts and other
interested parties. During the meeting, the Association was represented
by Ms.Muge Soysal, Assistant EU and International Affairs Specialist
Following the opening speech made by Mr. Tommy Persson, CEA President,
the session on “Meeting consumers’ information needs in life insurance”
was held. During the session, the speakers exchanged views on the
importance of providing information to the consumer in the pre-contract
term.
In the second part of the conference, the session on “ Insurance
guarantee schemes” was held. The speakers examined the alternative
guarantee schemes and their application.
In the final part of the conference, presentations on alternative
dispute resolution were made.
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The
Association participated to the Panel on “Liability Insurance in Air Transport”
On 19 December 2009, the Association
participated to the panel on “Liability Insurance in Air Transport” held
in cooperation with Insurance Law and Aviation and Space Law Commissions
of the Istanbul Bar Association. During the panel, the Association was
represented by Mr. Huseyin Arslan, Legal Affairs Specialist. In the
first session of the panel, speakers provided information about
liability insurance in air transport. During the second session,
different aspects of liability insurance in air transport were examined.
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The Association participated to the Symposium on “Solvency II”
On 3 December 2009, the Association participated to
the symposium on “Solvency II” held by the French Insurance Association (FFSA)
in Paris. At the symposium, the Association was represented by Mr. Onur Acar,
Responsible for Fiscal and Financial Affairs.
Following the opening speech made by Mr. Bernard Spitz, FFSA President, Mr.
Karel Van Hulle, Head of Insurance & Pensions Unit in European Commission
Directorate General for Internal Market & Services, Mr. Gabriel Bernardino,
CEIOPS President and Mr. Jean Paul Gauzes from the European Parliament provided
current information on Solvency II. During the symposium, the representatives of
the insurance companies discussed about the Solvency II studies conducted at the
company level. At the symposium, the efforts of the European Commission for
hardening the capital requirements in the aftermath of the financial crisis were
also examined.
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Workshop on “QIS 4” was held
The Specialized Committee on Solvency II
established to formulate a road map in order to overcome the obstacles
in Turkey’s alignment with the new directive continues its work. In this
framework, on 8-9 December 2009, a workshop on Quantitative Impact Study
(QIS 4) was held for the representatives of the companies at the
headquarters of the Association.
At the workshop organized by the Ernst & Young, experts provided
information on how to fill in QIS 4 tables in life and non-life
activities.
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The process on “The Annulment of Administrative Sanctions” was examined
On 22 December 2009, a meeting on “The Annulment of
Administrative Sanctions” was held at the headquarters of the Association.
During the meeting, the process of annulment of administrative sanctions
regarding late payments of insurance companies under the provisions of Motorways
Traffic Law was examined.
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New
Year Message from the Association