The PEIF is an active platform where the CEOs of major European headquartered (re)insurance groups discuss policy and regulatory matters affecting the European insurance industry, including with external stakeholders, such as regulators and policymakers. The PEIF also collaborates with industry bodies such as Insurance Europe, the CFO Forum and the CRO Forum. It strives to foster a competitive European insurance market as well as a better understanding of the insurance business model and its role in the economy and society.

Welcoming the appointment of Thomas Buberl, Oliver Bäte said: 'I am very pleased to hand over the leadership of PEIF to someone with Thomas's skills and experience. 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.'

Thomas Buberl said: 'I would like to thank Oliver for his important contribution to the European insurance industry as Chair of PEIF. During his 3-year tenure, he expanded the scope of areas covered by PEIF and its public visibility particularly on digitalization, 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.'

Thomas Buberl continued: 'I look forward to pursuing PEIF's collective work on contributing to a better understanding of the challenges the insurance sector faces, as well as its essential contribution to the economy. I am convinced that insurers' decisive role in the emerging digitalized 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. In pursuing these objectives, the PEIF will continue to foster an open and fair dialogue with public authorities.'

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Allianz SE published this content on 21 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 June 2018 08:12:02 UTC