Global Federation of Insurance Associations
Budget
€200 — €0
EP Access
0
accredited persons
Staff
2
2 FTE
EU Grants
None
Mission & Goals
The Global Federation of Insurance Associations (GFIA) was established on 9 October 2012. Its 43 member associations and 3 observer associations represent insurers that account for around 89% of total insurance premiums worldwide. GFIA is a non-profit association established to represent national and regional insurance associations that serve the general interests of life, health, general insurance and reinsurance companies and to make representations to national governments, international regulators and others on their behalf. The federation was established to increase industry effectiveness in providing input to international regulatory bodies and to contribute more effectively to the international dialogue on issues of common interest. GFIA positions are agreed by consensus in its general assembly, in which all members are represented.
EU Legislative Interests
At EU level, the development of insurance regulation in the context of economic affairs, international trade, and the financial services dialogue with third countries. In addition, the EU’s participation and engagement in relation to international standard setters, such as the Financial Stability Board (FSB). At international level, the development of international standards by the International Association of Insurance Supervisors (IAIS) and other global international standard setters.
Interests Represented
Promotes their own interests or the collective interests of their members
Organisation Members
A full list of GFIA members can be found here: https://gfiainsurance.org/members
Commissioner Meetings
No recorded meetings with EU commissioners.