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On 22 May 2018, the Pan-European Insurance Forum (PEIF) appoints Thomas Buberl, Chief Executive Officer (CEO) of the AXA Group, as Chair of PEIF, succeeding Oliver Bäte, Chairman of the Board of Management of Allianz SE.Allianz SE
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.”
The PEIF is a forum for the CEOs of major European headquartered international (re)insurers (Aegon, Allianz, AVIVA, AXA, GENERALI, MAPFRE, Munich Re, RSA, Swiss Re, UNIQA, and Zurich) to exchange and present views on policy and regulatory issues impacting the European insurance sector. PEIF aims to promote a better understanding and recognition of the role of the insurance business model in the European Union and to provide its Members with the opportunity to discuss major policy and strategic issues affecting the insurance business in Europe and worldwide.
The PEIF EU transparency register number is 03667978021-69.
The Allianz Group is one of the world's leading insurers and asset managers with more than 86 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing over 650 billion euros on behalf of its insurance customers while our asset managers Allianz Global Investors and PIMCO manage an additional 1.4 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2017, over 140,000 employees in more than 70 countries achieved total revenue of 126 billion euros and an operating profit of 11 billion euros for the group.
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