AXA head secures Pan-European Insurance Forum role

Predecessor has confidence body will continue on right path

AXA head secures Pan-European Insurance Forum role

Insurance News

By Terry Gangcuangco

AXA Group chief executive Thomas Buberl is succeeding Allianz SE board of management chair Oliver Bäte at the Pan-European Insurance Forum (PEIF).

“I am very pleased to hand over the leadership of PEIF to someone with Thomas’s skills and experience,” said Bäte about the chair appointment. “I am confident that under Thomas Buberl, PEIF will succeed in representing our industry in the regulatory debates that will shape the insurance sector in the period to come.”

The PEIF, which strives to foster a competitive European insurance market, is an active platform where the CEOs of major European headquartered (re)insurance groups discuss policy and regulatory matters. It also collaborates with the likes of Insurance Europe, the CFO Forum, and the CRO Forum.

Showing appreciation for his predecessor, Buberl commented: “I would like to thank Oliver for his important contribution to the European insurance industry as chair of PEIF. During his three-year tenure, he expanded the scope of areas covered by PEIF and its public visibility particularly on digitalisation, consumer protection, and capital markets.

“Thanks to Oliver, PEIF is firmly positioned as a crucial voice in the pivotal questions to tackle in the insurance regulatory framework.”

Buberl added that he looks forward to pursuing the forum’s collective work on contributing to a better understanding of the challenges being faced by the sector, as well as its essential economic input.

“I am convinced that insurers’ decisive role in the emerging digitalised economy will continue to grow, including through providing effective lasting solutions to major societal challenges (health, aging, etc.) while contributing to the financing of the economy,” said the new chair. “In pursuing these objectives, the PEIF will continue to foster an open and fair dialogue with public authorities.”



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