Global Agenda Council on Insurance 2011
For centuries, insurance has helped individuals devise strategies to mitigate risks that cause extensive human and property losses, strain business activities and deplete wealth accumulation. Through collaborating with policy-makers, supervisors, international bodies and technical experts, today’s insurance industry is experimenting with innovative and more effective ways to provide protection. The industry is a stabilizing force in society.
The Council seeks to identify key issues the industry faces by exploring possible mechanisms, necessary regulatory alignment, global market development, new business practices and public-private solutions. It also addresses how insurers and asset managers, in a friendly regulatory and investment environment, can make broader contributions to society.