Allianz is pleased to further deepen the engagement and cooperation with Europe’s leading industry association, especially against the background of a continuously challenging regulatory agenda and economic environment.
In this context, the upcoming finalization and implementation of Solvency II in Europe and the development of new global regulatory requirements for large insurers – both to happen by 2016 – as well as the ongoing low-interest rate environment and lackluster growth in many economies pose material challenges, but also opportunities to the industry.
As a leading global insurer, Allianz has a vital interest in a strong and consistent European industry voice on relevant issues and remains committed to help shaping the future of the industry with all relevant stakeholders.
