Programme. 6 th EIOPA Annual Conference Exploring new horizons. Tuesday, 18 October 2016 Frankfurt am Main

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1 Programme 6 th EIOPA Annual Conference Exploring new horizons Tuesday, 18 October 2016 Frankfurt am Main

2 Dear Sir/Madam, I have the pleasure to invite you to the 6 th Annual Conference of the European Insurance and (EIOPA) held on 18 October 2016 in Frankfurt am Main (Germany). The 6 th Annual EIOPA Conference will include distinguished speakers and three panel discussions entitled as follows: Challenges of supervision under Solvency II A single market for pensions Digital transformation in the insurance sector: risks and opportunities Also this year's Annual Conference will be a unique opportunity for high-level contributions and exchange of views on recent regulatory and supervisory developments and related challenges in the (re)insurance and pensions sectors as well as for interesting and lively discussions. I am very much looking forward to welcome you at our Conference. Yours sincerely, Gabriel Bernardino Chairman

3 Registration 08:30-09:30 Welcome Address 09:30-10:00 Gabriel Bernardino Chairman, EIOPA European Insurance and Conversation 10:00-10:20 between Gabriel Bernardino Chairman, EIOPA European Insurance and and Melinda Crane Chief Political Correspondent, Deutsche Welle Moderator of EIOPA s 6 th Annual Conference Challenges of supervision under Solvency II 10:20-12:00 Introduction by Melinda Crane With Solvency II all European supervisors are called to implement a supervisory review process for a regime which is essentially risk-based, forward-looking and putting increased responsibility on the companies own assessment of risk. This requires a supervisory culture throughout Europe that ensures high quality supervision as well as long term convergence of supervisory practices, aiming at preventing competitive distortions and regulatory arbitrage. For this, supervisors need to be equipped and consider actively the implementation of the risk-based supervisory culture. Given the different starting points across Europe, the effectiveness of supervision under SII and the supervisory convergence can only be measured over time. The panel will be discussing what it takes to witness the emergence of a European Supervisory Approach in the next few years and where most efforts may be required. Sylvia Cronin Luigi Lubelli Prof. Dr. Martin Eling Director of Insurance Supervision Central Bank of Ireland Group Head of Corporate Finance Assicurazioni Generali S.p.A. Director of the Institute of Insurance Economics and Chair for Insurance Management University of St. Gallen Emmanuel Van Grimbergen Chairman, CRO Forum and Chief Risk Officer, Ageas Moderation: Patrick Hoedjes Head of Oversight and Operations, EIOPA European Insurance and

4 Lunch break 12:00-13:30 Press conference 12:00-12:45 with Gabriel Bernardino Chairman of EIOPA European Insurance and A single market for pensions 13:30-14:45 Introduction by Melinda Crane The single market is held to be one of the principal benefits of the EU. Does the current regulatory framework for pensions optimise these benefits or does the 80 cross-border schemes suggest that more could be done? With developments on the IORP II Directive, and personal pensions playing a role in development of the Capital Market Union, these developments provide impetus and momentum to discuss a single market for pensions. Lesley Titcomb Olivier Klaric Martin Merlin Chief Executive, The Pensions Regulator of the United Kingdom Senior Vice President, Treasury and Financing, Sanofi Director, Regulation and Prudential Supervision of Financial Institutions, Directorate General Financial Stability, Financial Services and Capital Markets Union, European Commission Moderation: Philip Shier Immediate Past Chairperson, Actuarial Association of Europe; Former Chair of the EIOPA Occupational Pensions Stakeholder Group Coffee break 14:45-15:15

5 Digital transformation in the insurance sector: risks and opportunities 15:15-16:45 Introduction by Melinda Crane The digital transformation in the insurance sector is on the go. Finovation can increase transparency, simplicity and accessibility across the internal market for consumers. It however also raises questions on data protection and ownership of user data. For market participants Finovation offers new opportunities of cooperation and distribution, but also poses challenges in this respect. The panel will explore the challenges faced by supervisors and undertakings alike regarding, for example, how to meet the expectations of digital natives while regulatory frameworks are often based on technologies from the last millennium. Panelists will also address opportunities of Finovation and how a sound, yet technologically open supervisory framework can enable growth. Teresa Fritz Thomas Buberl Armin Molla Jonathan Howe Member of Financial Services Consumer Panel of the United Kingdom Chief Executive Officer, AXA Chief Executive Officer and Founder Virado - ED Ensure Digital GmbH United Kingdom Insurance Leader, PricewaterhouseCoopers LLP Moderation: Peter Braumüller Alternate Chairman, EIOPA European Insurance and Occupational Pensions Authority; Managing Director Insurance and Pension Supervision, Austrian Financial Market Authority (FMA) Closing conversation 16:45-17:00 between Fausto Parente and Melinda Crane Executive Director, EIOPA European Insurance and Chief Political Correspondent, Deutsche Welle Moderator of EIOPA s 6 th Annual Conference Get-Together 17:00-18:00

6 EIOPA BOARD OF SUPERVISORS Austria FMA - Finanzmarktaufsichtbehörde (Financial Market Authority) Belgium NBB - Nationale Bank van België (National Bank of Belgium); FSMA - Autorité des services et marchés financiers - (Financial Services and Markets Authority)* Bulgaria Комисия за Финансов Надзор (Financial Supervision Commission) Croatia HANFA - Croatian Financial Services Supervisory Agency Cyprus Αρμοδιότητα της Υπηρεσίας Ελέγχου Ασφαλιστικών Εταιρειών (Cyprus Insurance Companies Control Service); Registrar of Occupational Retirement Benefit Funds * Czech Republic CNB - Ceska Narodni Banka (Czech National Bank) Denmark Finanstilsynet (Danish FSA) Estonia Finantsinspektsioon (Estonia Financial Supervision Authority) Finland FIN-FSA - Finanssivalvonta (Finnish Financial Supervisory Authority) France ACPR - Autorité de Contrôle Prudentiel et de Résolution (Prudential Control Authority) Germany BaFin - Bundesanstalt für Finanzdienstleistungsaufsicht (Federal Financial Supervisory Authority) Greece Τράπεζα της Ελλάδος (Bank of Greece - Department of Private Insurance Supervision); ΓΕΝΙΚΗ ΓΡΑΜΜΑΤΕΙΑ ΚΟΙΝΩΝΙΚΩΝ ΑΣΦΑΛΙΣΕΩΝ (General Secretariat for Social Security)* Hungary MNB Magyar Nemzeti Bank (Central Bank of Hungary) Iceland FME FjármálaeftirlitiÜ (The Financial Supervisory Authority) ** Ireland Central Bank of Ireland; The Pensions Authority* Italy IVASS Istituto per la Vigilanza sulle assicurazioni; COVIP - Commissione di Vigilanza sui Fondi Pensione* Latvia Finanšu un Kapitāla Tirgus Komisija (Financial Capital Market Commission) Liechtenstein Finanzmarktaufsicht (Financial Market Authority) ** Lithuania Lietuvos Bankas (Bank of Lithuania) Luxembourg Commissariat aux Assurances; CSSF - Commission de Surveillance du Secteur Financier* Malta MFSA - Malta Financial Services Authority Netherlands DNB - De Nederlandsche Bank (National Bank of Netherlands) Norway Finanstilsynet (The Financial Supervisory Authority of Norway) ** Poland KNF - Komisja Nadzoru Finansowego (Financial Supervision Authority) Portugal ASF Autoridade de Supervisão de Seguros e Fundos de Pensões (Portuguese Insurance and Pension Funds Supervisory Authority) Romania ASF Autoritatea de Supraveghere Financiara (Financial Supervisory Authority) Slovakia NBS - Narodna Banka Slovenska (National Bank of Slovakia) Slovenia AZN - Agencija za Zavarovalni Nadzor (Insurance Supervision Agency) Spain DGSFP MINECO - Dirección General de Seguros y Fondos de Pensiones, Ministerio de Economía y Competitividad Sweden Finansinspektionen (Financial Supervisory Authority) United Kingdom PRA Bank of England Prudential Regulation Authority; The Pensions Regulator* *Permanent Representative **Observer

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