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Wednesday, 1 June 2016
|13.00-17.00||Registration at Congress venue ‘Het Pand'
|13.30-17.00||AMICE Board meeting
|19.00-22.00||Welcome reception for Congress delegates and partners - more info
Thursday, 2 June 2016
|08.00-18.00||Registration & information|
Departure accompanying persons' programme : Visit of Antwerp: "Fashion & Rubens” - more info
|09.00-10.30||AMICE General Meeting
|14.00-15.30||Session I: Mutuals, protecting our customers by nature|
Much of the recent legislation at EU level has stemmed from a stated desire to protect the consumer: from the reporting elements of Solvency II, to the data protection regulation or the distribution directive. Mutual and cooperative insurers have a particular relationship with their member-customers which should make adapting to the new legislation easier. However, our business model is not always taken into account when legislation is drafted.
Expert: Gabriel Bernardino, Chairman, EIOPA - bio
Practitioners' response: Achmea, the Netherlands, on data protection and Curalia/Fédérale, Belgium, on Solvency II reporting
|16.00-17.30||Session II: The mutual business model as inspiration for others?|
Mutuality has existed for hundreds of years but what does it mean today? Are its values, philosophy, and identity still valid? Can we learn from societal trends such as the collaborative economy which resemble mutuality? Has the mutual model been surpassed by these new trends or does it find itself more than ever on the leading edge of modernity?
|Evening||Gala dinner for Congress delegates and partners - more info
Friday, 3 June 2016
|08.00-15.00||Registration & information|
Departure accompanying persons' programme : Culinary Walk : "A taste of Ghent" - more info
|09.30-11.00||Session III: Mutuals evolving in a digital world|
How much will digitalisation affect the way mutual and cooperative insurers do business? Can we maintain our mutuality if transactions are increasingly on-line since ‘virtual' proximity no longer has the same value? Or can the sector provide innovative services thanks to the use of technology while ensuring that members' interests come first?
Headline Speaker: Gerd Leonhard - bio
Two case studies: LähiTapiola, Finland and ALKA, Denmark
|11.30-13.00||Session IV: Securing mutual capital to finance the future|
Mutual and cooperative insurers are proud of their model which ensures member-customers' needs are central since the member-customers own/control the company rather than outside capital-holders. This also means however that it is more complicated for mutuals and cooperatives to gain access to capital rapidly. Moreover, recent and ongoing changes, such as Solvency II legislation or low interest rates, mean capital maintenance is even more vital for the sector. How can mutual/cooperative insurers protect their (members') capital against outside interests? Do they need to envisage changes to the business model?
This session will be introduced and moderated by Professor Karel Van Hulle, who many of you know as “Mr Solvency II” from his time as Head of Insurance and Pensions Unit at the European Commission. He was also Head of Unit for Financial Reporting and Company Law for many years. Karel Van Hulle is now a Professor at Leuven Faculty of Economics and Business and at Goethe University in Frankfurt as well as being a member of the Insurance and Reinsurance Stakeholder Group of EIOPA.
We have planned three case studies to illustrate this important subject:
• QBE Re on using reinsurance to free up capital.
• The British Association of Financial Mutuals on emitting mutual shares to create new funding.
• Skandia Liv on optimising structure via mutualisation.
|13.00-13.30||Closing of the Congress by the President of AMICE
|15.00-17.00||Walking tour of the city of Ghent - more info