Reinsurance Advisory Board
Budget
€100 — €0
EP Access
0
accredited persons
Staff
2
0.85 FTE
EU Grants
None
Mission & Goals
Insurance Europe’s Reinsurance Advisory Board (RAB) is a specialist representative body for the European reinsurance industry. It is represented at Chief Executive Officer (CEO) level by the seven largest European reinsurance firms: General Reinsurance AG, Hannover Rück SE, Lloyd’s of London, Münchener Rück AG, Partner Re, SCOR and Swiss Reinsurance Company Ltd, with Insurance Europe providing the secretariat. Through its member bodies the RAB represents over 50% of total worldwide reinsurance premium income. The RAB promotes a stable, innovative and competitive market environment. It further promotes a regulatory and trading framework that facilitates global risk transfer through reinsurance and other insurance-linked capital solutions.
EU Legislative Interests
Financial market regulation, insurance regulation and related matters in the following areas: • Economic affairs • External trade • General and institutional affairs • Internal market
Communication Activities
The RAB participates in consultations organised by the European Commission, EIOPA and, where relevant, organised by other institutions. All of the RAB's publications can be found on its website.
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
The RAB secretariat is managed by Insurance Europe.
Organisation Members
Member organisations: General Reinsurance AG, Hannover Rück SE, Lloyd’s of London, Münchener Rück AG, PartnerRe, SCOR and Swiss Reinsurance Company Ltd. https://www.insuranceeurope.eu/rab
Additional Information
The RAB is no separate legal entity and has no staff. The secretariat is provided by Insurance Europe, with two persons working at respectively 75% and 10% on RAB files. The budget of the RAB is 120,000 euros per year, covering the secretariat cost engaged by Insurance Europe.
Commissioner Meetings
No recorded meetings with EU commissioners.