Insurance Europe
| Formation | 1953 |
|---|---|
| Legal status | Non-profit company |
| Purpose | European insurance and reinsurance federation |
| Headquarters | Brussels, Belgium |
|
Region served
|
Europe |
|
Membership
|
34 national insurance associations |
|
Official language
|
En |
|
Director General
|
Michaela Koller |
|
Staff
|
45 |
| Website | www |
Insurance Europe (known as Comité Européen des Assurances until March 2012) is the European insurance and reinsurance federation. Through its 34 member bodies — the national insurance associations — it represents all types of insurance and reinsurance undertakings, e.g. pan-European companies, monoliners, mutuals and SMEs. Insurance Europe which is based in Brussels, Belgium, represents undertakings that account for around 95% of total European premium income. Insurance makes a major contribution to Europe's economic growth and development. European insurers generate premium income of more than €1,100bn, employ almost one million people and invest almost €8,400bn in the economy.
The federation is the voice of the European insurance industry at European and international levels. It is a fair and reliable partner and a contact point for Institutions of the European Union, politicians and supervisors. The federation provides services to the European and international institutions to the benefit of its members. In the regulatory process, it represents the common interests of European insurers by developing, promoting, defending, illustrating and lobbying industry positions that are supported by technical research and expertise. Through government lobby, public affairs, industry forums and issue management, it contributes to achieve a positive political, social, business and economic environment in support of the industry.
Insurance Europe provides the infrastructure for an exchange information and experience between members. The federation also plays a supporting role in relation to its members and provides information and guidance on issues of interest to the European insurance sector. It promotes trust and confidence in the European insurance industry.
Insurance Europe was founded in 1953, as Comité Européen des Assurances (CEA). Its aim was to monitor the works of the OECD in Paris. Later, CEA shifted its attention and activities to the European arena, thus adapting to the power structures resulting from the foundation of the European Community and its more recent evolution into the European Union.
Insurance Europe has grown from 18 members in 1953 to its current 34 national member associations. It changed its name from Comité Européen des Assurances in March 2012.
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Wikipedia