The Association hosted the panel debate on “Key Legislative and Regulatory Developments in the European Insurance Industry and the Future Opportunities in the Turkish Market”

On 2 December 2011, The Association hosted a panel debate on “Key Legislative and Regulatory Developments in the European Insurance Industry and the Future Opportunities in the Turkish Market”at Swissôtel The Bosphorus in Istanbul. During the panel debate which was organized to provide the representatives of the Turkish insurance market with an insight on the latest developments in the EU insurance industry, the distinguished speakers from the European institutions and insurance companies shared their opinions with the participants.
 
Following the opening remarks by Mr. Mustafa Su, the President of the Association and Mr. Burhanettin Aktaş, Deputy Undersecretary of the Undersecretariat of Treasury, the first session on “Key legislative and regulatory developments in the EU Insurance Industry” was held. During the session moderated by Mrs. Michaela Koller, Director General of  European Insurance and Reinsurance Federation (CEA), Mr. Gabriel Bernardino, Chairman of  European Insurance & Occupational Pensions Authority (EIOPA)and Mr.  Karel Van Hulle, Head of  Insurance & Pensions Unit in  the European Commission Directorate General for Internal Market & Services discussed about the latest developments on Solvency II as well as other current legislative and regulatory issues in the EU.
 
In the second session on “Developments in the world insurance market with a focus on the future opportunities in the Turkish Market: Life and pension fund business”moderated by Mr. Mete Uğurlu, General Manager of  Anadolu Hayat Emeklilik A.Ş, Mr.Volker Stüven, Allianz Head of Global Life Strategy & Development, Mr.Matt Saker, Aviva Europe Chief Actuary and Mr.Jan Nijssen Supervisory Board Member of Garanti Emeklilik on behalf of Eureko exchanged views about the current position of the life business in the Turkish insurance market and shared their estimates for the future of the market from different dimensions.
 
During the third session, the future opportunities in the non-life business in Turkey were discussed. The session moderated by Mr. Ertan Fırat,General Manager of Aviva Sigorta A.Ş.was attended by Mr. Donald Gambardella, ERGO International Chief Actuary and Regional CRO, Mr. Fabrice Lorillon, Head of AXA Brussels Office  Group European and Public Affair and Mr. Toshiyuki Hanazawa,  Sompo Japan Insurance Chief Executive. During the session, the guest speakers examined the opportunities in the Turkish market from the non-life perspective.
 

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