1. Robert H. Gayner Chairman WFII

2. Every country should have specific regulation on insurance intermediation - Activity-based - fair

3. Article 11 of IAIS Core principles

4. Interplay between regulators, supervisors, intermediaries and insurers = key

5. Principles should be adapted by domestic regulators to fit their own circumstances Regulators are welcome to invite representative industry bodies in the development of the standards

6. IAIS “principles for the conduct of insurance business” reservations as to the level of detail

7. WFII encourages its member associations to develop - where necessary - a code of conduct

8. Solvency and market security are important and urgent issues

9. A code of conduct is complementary to national market regulation and should always be seen in the context of a national situation

10. Robert H. Gayner Chairman WFII