Where
Radisson Blue Hotel
Rue du Fossé aux Loups 47
Wolvengracht 47
Brussels 1000
Belgium
Map
Contact
Valerie de Kergorlay
CFA Society Belgium
events@belgium.cfasociety.org
Agenda
18:00-18:30: Registration
18:30- 20:05: Presentations:
Mr. Olav Jones: "General concerns and challenges of the implementation of Solvency II"
Mr. Ghislain Perisse: "The impact of Solvency II on the relationships between asset managers and insurers"
Mr. Mario Nava: " Regulatory challenges of Solvency II"
20:05: Debate moderated by Mr. Gideon Benari, Editor of Solvency II Wire
21:00: Cocktail reception
22.30: Close
This event will qualify for 2,5 CE and 2,5 SE credits.
This event is sponsored by 
Established in 2004, Avantage Reply is a pan-European specialised management consultancy delivering change initiatives in Operations, Risk, Finance (Capital Management and Regulatory Reporting), Treasury and Payments.Avantage Reply employs 220 consultants within our 12 offices across Europe. It is a wholly-owned subsidiary of the Reply Group, a publicly-listed group, with €632 million in sales in 2014, employing 4,400 consultants and technology-delivery service professionals.
Reply Avantage will be represented by Nicolas Pavlovitch, Associate Partner, Avantage Reply Belgium.
AXA Investment Managers is a global asset management company combining rigorous risk monitoring with expertise across multiple asset classes to help clients meet their financial needs. With approximately €694 billion in assets under management as of the end of June 2015, AXA IM employs over 2,300 people around the world and operates out of 28 offices in 21 countries. AXA IM is part of the AXA Group, a global leader in financial protection and wealth management.
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Will Solvency II improve the resilience of the insurance sector?
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Over 13 years in the making, the European directive Solvency II will come into force on 1st January 2016.
This directive is not only reshaping the insurance industry itself, it also impacts how insurers interact with asset managers, clients, supervisory authorities, shareholders and investors.
We are pleased to invite you to this event which will address the following questions:
- Will the cost of implementing Solvency II be compensated by improved competition and resilience of the insurance sector?
- How can national supervisory authorities ensure a harmonized implementation of the prudential framework for insurers across Europe?
- How to balance the need to respond to the demand of the market and the real economy and the aim of ensuring the resilience of the system in the context of low interest rates for instance?
- How will Solvency II affect the return on equity of European insurers compared to their international peers?
- Will the Solvency II regulation be outdated by the time of its implementation?
This event is a great opportunity to hear the views of a panel of expert speakers in this particular issue before opening the debate.
Seats are limited so register early.
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Speakers
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Olav Jones, Deputy Director General & Director Economics and Finance, Insurance Europe
Olav Jones joined Insurance Europe as deputy director general in November 2011. As head of the federation’s economics and finance department he is responsible for prudential regulatory issues, accounting and investment, as well as international affairs and reinsurance.
Jones was previously head of group risk strategy at Belgian insurer Ageas, the company created following the break-up of the Fortis banking and insurance group. From 2008-09 he was chief risk officer of Fortis Insurance, having previously been head of insurance risk and strategic risk at Fortis Group since 2002.
He started his career with management consultant Oliver Wyman after gaining a first class honours degree in engineering science from the University of Exeter and an MPhil degree in finance from Queens’ College, Cambridge, both in the UK. He then worked for UK insurer Prudential in a variety of roles for six years before joining Fortis.
Jones is currently vice-chair of the insurance and reinsurance stakeholder group of the European Insurance and Occupational Pensions Authority (EIOPA).
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Mario Nava, Head of regulation and prudential supervision at the European Commission
Mario is currently Director of the 'Regulation and prudential supervision of financial institutions' directorate in the Financial Stability, Financial Services and Capital Markets Union DG (formerly the Internal Markets and Services DG) of the European Commission. Prior to that, from April 2011, he held the position of Acting Director. From November 2009 until September 2013, he was Head of the 'Banking and Financial Conglomerates' unit.
Previously in the Internal Markets and Service DG, from May 2004 to October 2009, he was the Head of the ‘Financial Markets Infrastructure’ Unit. From December 2007 to May 2008, he was also Acting Director for the Financial Services Policy and Financial Markets Directorate.
From 2001-2004, he was a member of the Group of Policy Advisers of the EU Commission President, Prof. Romano Prodi. Within the Group he was responsible for economic matters in general and in particular the EU budget and economic policy coordination between the Member States.
Prior to joining the Group of Policy Advisers, he worked first for the Commission's Taxation Department (1994-1996), then for the Budget Department (1996-2000), and then in the Cabinet of the Competition Commissioner, Prof. Mario Monti (2000-2001).
Alongside his work at the Commission he is active in research and teaching. He is a visiting professor at Milan's Bocconi University and an occasional lecturer in many universities across Europe.
Mario holds a first degree in Economics from Bocconi University, an MA from the Universit Catholique de Louvain, Belgium and a PhD in Public Finance from the London School of Economics.
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Ghislain Perisse, Head of Insurance Segment Business Development, AXA Investment Management
Since 2011, within AXA IM, Ghislain is in charge of the business development of the Insurance segment and of the Solvency II services. For 7 years Ghislain was a managing director-head of structuring/analytics within Merrill Lynch and Morgan Stanley CM in charge of delivering cross asset solutions to institutional and wholesale clients in London, New York and Asia.
Previously, he worked for 6 years at Societe Generale setting up their Alternative Investment arm (Hedge funds, structured products, etc).
Ghislain started his career as a quantitative analyst at Commerzbank in Germany.
He holds an Ecole Polytechnique degree and a PhD in applied Mathematics.
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Gideon Benari, editor and owner - Solvency II Wire
Solvency II Wire is a leading independent source of news and insight about Solvency II. Gideon is well connected to the EU legislative body and the industry, and has been closely following Solvency II since 2011.
Gideon holds an Investment Management Certificate (IMC) from CFAUK, a Masters in Anthropology from the University of East London and is a qualified technical writer (ISTC). Before setting up the site he was a press officer for a number of organisations and prior to that worked as a freelance video editor for over twenty years for major broadcasters in the UK.
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