Insurance comprehensive risk framework: are economic & regulatory impacts positive?
Day 1 Afternoon
Wednesday 11 September
Fennia I - Roundtable
Objectives of the session
The session is dedicated to take stock on what has been achieved in terms of regulations and supervision of the insurance sector in the EU and globally (e.g. micro risk assessment/anticipation tools, macro monitoring approaches, global coordination, etc.), the conditions to fully leverage the strengths of the sector, and also identify possible weaknesses to be addressed.
Points of discussion
What is the expected contribution of insurance groups to the solution of some of the G20 challenges listed by the Japanese presidency? Is the expected contribution of insurers to the G20 challenges, expected to structurally evolve should current macroeconomic trends last?
What are the macroeconomic risks to which the challenges listed by the G20 may expose insurance groups in the current economic context? To what extent is the expected contribution of insurers to the G20 challenges, increasing their exposure to macroeconomic risks?
To what extent might the ICS being developed at the Global level enhance or reduce insurance groups’ contribution to solving these structural challenges?
Are ICS striking the optimal balance between financial stability and macroeconomic contribution of the insurance sector?
What are the main policy priorities to improve the situation?