The Association of the Insurance and Reinsurance Companies of Turkey wishes you a happy and prosperous New Year…
On 2 December 2010, the Association participated to the Solvency II Symposium 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 the participants with current developments in Solvency II. During the symposium, the representatives of the insurance companies discussed about the Solvency II studies and results of the QIS 5 conducted at the company level.
On 2–3 December 2010, the Association participated to the 86th Session of the OECD Insurance and Private Pensions Committee at the OECD Headquarters in Paris. The Association was represented by Ms. Muge Soysal Assistant Specialist for EU & International Affairs and Mr. Atilla Oksay, Head of Technical Unit.
On the first day of the meeting, during the morning session, the regulatory developments in the insurance markets were discussed. In the afternoon session, topics such as the contribution of insurance to the economic growth, macro-economic risk sharing and corporate governance were examined.
On the second day of the meeting, a session was held on insurance markets in Southeast Asia. In the following session, institutional design in financial regulation was discussed.
Member country delegates and several specialists from related institutions attended the 86th Session of the IPPC Meeting.
On 10 December 2010, the Association hosted the “QIS5 Conference” at its headquarters. During the conference, members of the Solvency Committee established under the Association provided the participants with current developments in Solvency II. At the conference, several presentations were held on different aspects of Solvency II. The conference marks the start of QIS5 process in the sector.
On 10 December 2010, the Association participated to the International Finance Symposium on the Relation between Financial Sector and Real Sector in the Post-Crisis Period held by the Marmara University, School of Banking and Insurance and Institute of Banking and Insurance. At the symposium, Mr. Erhan Tuncay, the Secretary General of the Association made an opening speech. During his speech Mr. Tuncay mentioned about the risk perception at the individual and corporate level. In parallel sessions, local and foreign scholars held presentations on the relation between financial and real sector.
