Category Archives: Groupe Consultatif Actuariel Européen

Happy New Year and a ‘Housewarming’ in Brussels

We are pleased to wish all our clients and customers a Happy New Year.

We would also like to wish every success to Groupe Consultatif Actuariel Européen in their new offices in Brussels.

Having left their previous home in Oxford, the new address for Groupe Consultatif Actuariel Européen is 4 Place du Samedi, B-1000, Brussels.

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An Insurance Guarantee Scheme for Europe?

The Groupe Consultatif Actuariel Européen has issued a response to the European Commission white paper on insurance guarantee schemes.

Whilst agreeing that ensuring adequate protection for policyholders and beneficiaries if an insurance company collapses should be a key objective of the EU, they have expressed reservations with regards to the potential introduction of an insurance guarantee scheme directive as the basis for this scheme relies on a parallel with banking which is not clear-cut.

The full report can be read here.

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