How is the European re/insurance market responding to the challenges presented by the Eurozone crisis? Is the shift in global economic power affecting European-based re/insurance business? What are the responses Dublin’s international re/insurance companies are developing to the new risk environment? These questions and others will be explored at this year’s European Insurance Forum, an international conference held annually in Dublin. This year’s event, EIF2012, was launched this week and will be held on 24/25th May.
Ireland was one of the first wave of European Member States to join the Euro; it was also the first country to face austerity measures. Despite this, it has remained a centre of European cross-border re/insurance business, and as one of the most open economies in world is still attracting significant foreign direct investment in financial services.
EIF2012, held in conjunction with DIMA (Dublin International Insurance & Management Association), will host several international re/insurance ceos, leading figures from the regulatory community and senior industry practitioners to explore issues such as the role of rating agencies in the current market conditions, latest regulatory developments and future prospects for the industry.
Sarah Goddard, ceo of DIMA, said “These are unprecedented times, and as such they present both uncertainty and opportunity. We continue to welcome new companies into the DIMA membership, and are seeing increases in research, development and innovation projects, and education activities specifically related to the re/insurance sector in Ireland.”
The launch was addressed by John Bruton, president of IFSC Ireland and former Taoiseach.
|
