2022 Global Seminar

The 2022 IAIS Global Seminar will take place in person in Dubrovnik, Croatia on 16 – 17 June 2022. 

The focus of this year’s Global Seminar is resilience in the insurance sector.

With hundreds of attendees, the Global Seminar provides a platform for open dialogue on key supervisory issues for the insurance sector and a chance for the IAIS’ Executive Committee to engage directly with stakeholders. 

A special thank you to the Croatian Financial Services Supervisory Agency (Hanfa) for hosting the event.

Agenda

Welcome remarks:
Ante Žigman – President of the Board, Croatian Financial Services Supervisory Agency 

Updates from IAIS Committees and audience Q&A:

IAIS Committee Chairs, Vice Chairs and Champions:
David Altmaier –
Vice Chair, IAIS Executive Committee and Commissioner, Florida Office of Insurance Regulation
Gary Anderson – Chair, IAIS Policy Development Committee and Commissioner, Massachusetts Division of Insurance
Shigeru Ariizumi – Vice Chair, IAIS Executive Committee and Vice Commissioner for International Affairs, Japan Financial Services Agency
Peter Braumüller – Chair, IAIS Implementation and Assessment Committee and Managing Director of Insurance and Pension Supervision, Austrian Financial Market Authority 
Jonathan Dixon – Secretary General, IAIS
Dieter Hendrickx – Chair, IAIS Macroprudential Committee and Head, Prudential Policy Insurance, National Bank of Belgium 
Petra Hielkema – IAIS FinTech Champion and Chairperson, European Insurance and Occupational Pensions Authority
Helen Rowell – IAIS Diversity, Equity & Inclusion Champion and Deputy Chair, Australian Prudential Regulation Authority
Vicky Saporta – Chair, IAIS Executive Committee and Executive Director, Prudential Regulation Authority and Bank of England
Suzette Vogelsang – Vice Chair, IAIS Executive Committee and Head, Department (Banking, Insurance and FMI Supervision Department), Prudential Authority of South Africa
Daniel Wang – Chair, IAIS Climate Risk Steering Group and Executive Director, Insurance Department, Monetary Authority of Singapore

The Covid-19 pandemic has exacerbated social inequality across both developed and emerging market economies. This panel will discuss how inclusive insurance can contribute to addressing inequality and promoting sustainable development. Topics in focus are obstacles to, and opportunities for, innovative solutions to increase inclusive insurance, including technological innovation, public/private risk-sharing initiatives to address protection gaps and possible changing product offerings to meet customer needs in a post-pandemic world.

The discussion will consider the role of insurance supervisors in supporting inclusive insurance and examples of practical steps that can be taken to support more equitable and sustainable outcomes.

Moderator:
Suzette Vogelsang – Vice Chair, IAIS Executive Committee and Head, Department (Banking, Insurance and FMI Supervision Department), Prudential Authority of South Africa

Panellists:
Hannah Grant – Head of Secretariat, Access to Insurance Initiative 
Tomas Soley – Chair, IAIS Financial Inclusion Forum and General Superintendent of Insurance, Costa Rica
Shari Spiegel – Chief of Policy Analysis and Development, Financing for Sustainable Development Office, Department of Economics and Social Affairs, United Nations
Ilijana Jeleč – Deputy President of the Board, Croatian Financial Services Supervisory Agency 

This panel will discuss insurance supervisors’ practices on climate risk scenario analysis, with a focus on steps being taken to support IAIS members who are embarking on assessments and efforts to ensure international collaboration. The panel will also touch on the importance of data availability for effective climate risk assessment and the IAIS work in this regard through its Global Monitoring Exercise.

Moderator:
Dieter Hendrickx – Chair, IAIS Macroprudential Committee and Head, Prudential Policy Insurance, National Bank of Belgium

Panellists:
Daniel Wang – Chair, IAIS Climate Risk Steering Group and Executive Director, Insurance Department, Monetary Authority of Singapore
Robert Muir-Wood – Chief Research Officer, Risk Management Solutions
Patricio Espinoza – Director of Prudential Insurance Regulation, Financial Market Commission of Chile 

This panel will discuss the IAIS’ work on operational risks as well as cyber resilience and cyber underwriting risk, and share views on lessons learnt from the Covid-19 pandemic. As insurance supervisors focus on these growing risks, this panel will also consider the work the IAIS is undertaking to gather data on cyber risks as part of this year’s Global Insurance Market Report special topic.

Moderator:
Gary Anderson –
Chair, IAIS Policy Development Committee and Commissioner, Massachusetts Division of Insurance

Panellists:
Todd Coslow – Chair, IAIS Operational Resilience Task Force and Assistant Vice President, Federal Reserve Bank of Chicago
Jad Ariss – Managing Director, The Geneva Association
Stefanie Ott – Managing Director, Head Group Qualitative Risk Management, Swiss Re
Rebecca Bole – Head of Industry Engagement, Cyber Cube

This panel will discuss IAIS members’ approaches to and experience with the implementation of the Holistic Framework’s key elements of risk monitoring and supervisory response, including views on the effectiveness of supervisory measures in making the insurance sector more resilient.

Moderator:
Peter Braumüller – Chair, IAIS Implementation and Assessment Committee and Managing Director of Insurance and Pension Supervision, Austrian Financial Market Authority 

Panellists:
Clement Cheung – Chair, IAIS Audit and Risk Committee and Chief Executive Officer, Insurance Authority Hong Kong
Andrew N. Mais – Insurance Commissioner, Connecticut
Don Forgeron – President and Chief Executive Officer, Insurance Bureau of Canada and President, Global Federation of Insurance Associations
Jayne Plunkett – Group Chief Risk Officer, AIA Group Limited

As the IAIS reaches the mid-point of the ICS five year-monitoring period, IAIS members from four regions will reflect on the ongoing development of the global standard, lessons learnt during the monitoring period and progress on the Comparability Assessment. They will consider what the implementation of the global standard means for the resilience of the insurance sector and any hurdles in the final two years before implementation.

Panel members will engage with the audience in a Q&A.

Discussion with:
David Altmaier – Vice Chair, IAIS Executive Committee and Commissioner, Florida Office of Insurance Regulation
Shigeru Ariizumi – Vice Chair, IAIS Executive Committee and Vice Commissioner for International Affairs, Japan Financial Services Agency
Petra Hielkema – IAIS FinTech Champion and Chairperson, European Insurance and Occupational Pensions Authority
Vicky Saporta – Chair, IAIS Executive Committee and Executive Director, Prudential Regulation Authority and Bank of England
Suzette Vogelsang – Vice Chair, IAIS Executive Committee and Head, Department (Banking, Insurance and FMI Supervision Department), Prudential Authority of South Africa

Speakers

David Altmaier

Vice Chair, IAIS Executive Committee and Commissioner, Florida Office of Insurance Regulation

Gary Anderson

Chair, IAIS Policy Development Committee and Commissioner, Massachusetts Division of Insurance

Shigeru Ariizumi

Vice Chair, IAIS Executive Committee and Vice Commissioner for International Affairs, Japan Financial Services Agency

Jad Ariss

Managing Director, The Geneva Association

Rebecca Bole

Head of Industry Engagement, CyberCube

Peter Braumüller

Chair, IAIS Implementation and Assessment Committee and Managing Director of Insurance and Pension Supervision, Austrian Financial Market Authority

Clement Cheung

Chair, IAIS Audit and Risk Committee and Chief Executive Officer, Insurance Authority Hong Kong

Jonathan Dixon

Secretary General, IAIS 

Patricio Espinoza

Director of Prudential Insurance Regulation, Financial Market Commission of Chile

Don Forgeron

President and Chief Executive Officer, Insurance Bureau of Canada and President, Global Federation of Insurance Associations

Hannah Grant

Head of Secretariat, Access to Insurance Initiative

Dieter Hendrickx

Chair, IAIS Macroprudential Committee and Head, Prudential Policy Insurance, National Bank of Belgium 

Petra Hielkema

Chairperson, European Insurance and Occupational Pensions Authority 

Ilijana Jeleč

Member, IAIS Audit and Risk Committee and Deputy President of the Board, Croatian Financial Services Supervisory Agency 

Andrew N. Mais

Insurance Commissioner, Connecticut

Robert Muir-Wood

Chief Research Officer, Risk Management Solutions

Stefanie Ott

Managing Director, Head Group Qualitative Risk Management, Swiss Re

Jayne Plunkett

Group Chief Risk Officer, AIA Group Limited

Tomislav Ridzak

Board Member, Croatian Financial Services Supervisory Agency

Helen Rowell

Deputy Chair, Australian Prudential Regulation Authority

Victoria (Vicky) Saporta

Chair, IAIS Executive Committee and Executive Director, Prudential Regulation Authority and Bank of England

Tomas Soley

Chair, IAIS Financial Inclusion Forum and General Superintendent of Insurance, Costa Rica

Suzette Vogelsang

Vice Chair, IAIS Executive Committee and Head, Department (Banking, Insurance and FMI Supervision Department), Prudential Authority of South Africa

Ante Žigman

Member, representative of Central and Eastern Europe and Transcaucasia region, IAIS Executive Committee and President of the Board, Croatian Financial Services Supervisory Agency

More speakers will be announced in due course.

Practical information

Croatian travel guidelines regarding Covid-19 entry requirements and restrictions are available at the website of the Ministry of Internal Affairs of the Republic of Croatia.

The event will be organised according to the general anti-epidemic rules, recommendations and instructions of the Croatian Institute of Public Health.

Given the current epidemiological situation, no Covid-19 certificate or Covid-19 testing will be required for the participation in the event.

Detailed information on the Covid-19 situation and restrictions will be provided to registered participants closer to the event.

The Croatian Financial Services Supervisory Agency (Hanfa) has made a block booking at the meeting venue and other alternative hotels from 15 – 17 June 2022.

Please book your rooms as soon as possible and reservations should be made directly with the hotels using the respective promo codes indicated.

Prices and availability can only be guaranteed until 25 April 2022.

Bus: There is no direct bus transfer from the airport to the meeting venue. Public buses are available from the airport to Dubrovnik’s city centre. Travel time: 55 minutes.

Taxi: Taxis are readily available at the airport and the taxi fare costs between HRK 250–350 (EUR 33–46). Travel time: 30 minutes.

C02 compensation: We recommend to compensate the carbon emission of your flight to Croatia with the respective programmes of your chosen airline. 

Registration

Online registration

Registration to stakeholders is now open and please register online. Kindly note that you will be required to enter your eBis/EBMS password and first-time meeting participants must create an account.

Registration fee

The registration fee for stakeholders is CHF 400.00 and registration will not be considered valid until payment is made.  Access to the event will be denied if the fee has not been fully paid by the time of the Global Seminar. After you have registered online, you will receive an invoice from the Croatian Financial Services Supervisory Agency (Hanfa) with payment details.

Deadline

The deadline to register is 27 May 2022.

Meeting brochure

Download the meeting brochure for further information.

Contact us

Please send us an email for questions.

Members

Member registration is currently open. Visit our extranet for further details (login required).