Insurance supervisors to meet on 21-24 October 2009 to discuss the future of insurance markets and supervision
Superintendence of Private Insurance (SUSEP), the Brazilian insurance supervisor will welcome more than 450 attendees to the 16th International Association of Insurance Supervisors (IAIS) Annual Conference on 21-24 October 2009, in Rio de Janeiro, Brazil. Attendees include both insurance supervisors and insurance industry professionals from around the world.
The theme of this year’s conference is Insurance as a means of socioeconomic development - financial crisis and the future of insurance markets. The availability and affordability of insurance is an essential factor for a healthy and well functioning society, and a key element to domestic and global financial stability. “The current financial crisis has illustrated the need for effective supervision,” said Peter Braumüller, IAIS Executive Committee Chair. “Key lessons learned from the financial crisis are essential to reinforcing insurance supervision in both developed and emerging markets while promoting financial inclusion and access to insurance globally.”
Panel discussions at the conference will include: “Insurance as a means of socioeconomic development”; “Lessons from the crisis – for supervisors and the insurance industry”; “A new international supervisory architecture”; “Promoting sound insurance markets”; “Financial literacy and consumer protection”; “Global developments in solvency regulation and supervision”; “Corporate governance and risk management”; and, “Co-operation among supervisors”.
The panel discussions and informal interactions among supervisors and industry professionals during the conference provides the opportunity to explore the challenges facing the insurance industry and to identify how best to reinforce supervisory systems worldwide.
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