1. Changing Insurance Regulation Nicolas Jeanmart, Head of Non-Life, Life & Macro-Economics International Insurance Conference of MABISZ Budapest, 6 November 2014

2. Insurance Europe 2 Who? What? Why? European insurance and reinsurance federation, founded in 1953 Represents around 95% of European insurance market by premium income Committed to creation of favourable regulatory and supervisory framework for insurers at European and international level.

3. Members 34 national associations 27 EU member states 5 non-EU markets Switzerland, Iceland, Norway, Turkey, Liechtenstein 2 associate members Serbia, San Marino 1 partner Russia 3

4. Contribution to the economy 4 Insurance Europe represents more than 5 000 European (re)insurers, which: generate premium income of more than €1 100bn employ almost one million people invest almost €8 600bn in the economy

5. Setting the scene 5

6. Implementation and Focus 6

7. Margin for manoeuvre 7

8. Prudential regulation 8

9. Insurance conduct of business 9

10. Pensions 10

11. Emerging technologies 11

12. Prevention 12

13. For more information www.insuranceeurope.eu