INSURANCE EUROPE (CEA)
The Insurance Europe (formerly: CEA) is the European insurance and reinsurance federation. Through its 33 member bodies - the national insurance associations - the Insurance Europe represents all types of insurance and reinsurance undertakings, eg pan-European companies, monoliners, mutuals and SMEs. The Insurance Europe represents undertakings that account for around 95% of total European premium income. Insurance makes a major contribution to Europe's economic growth and development. European insurers generate premium income of over € 1,050bn, employ one million people and invest more than € 6,800bn in the economy.
The Insurance Europe's mission is:
To draw attention to issues of strategic interest to all European insurers and reinsurers in a sustainable manner.
- To raise awareness of insurers' and reinsurers' roles in providing insurance protection and security to the community as well as in contributing to economic growth and development.
- To promote - as the expert and representative voice of the insurance industry - a competitive and open market to the benefit of the European consumer as well as corporate clients.
In order to achieve this, the Insurance Europe:
- represents all European insurers and reinsurers
The Insurance Europe is the European insurance and reinsurance federation. Through its member bodies comprising of national insurance associations, the Insurance Europe represents all types of insurance and reinsurance undertakings, including pan-European companies, monoliners, mutuals or SMEs. The Insurance Europe represents undertakings that account for around 95% of total European premium income.
- positions the European insurance industry within the European and global regulatory frameworks
The Insurance Europe is the voice of the European insurance industry at European and international level. The Insurance Europe is a fair and reliable partner and a contact point for institutions, politicians and supervisors. The Insurance Europe provides services to the European and International institutions to the benefit of its members. In the regulatory process the Insurance Europe develops, promotes and defends industry positions that are supported by technical research and expertise. Through government lobby, public affairs, industry forums and issue management, it contributes to achieve a positive political, social, business and economic environment.
- provides a platform to its members
The Insurance Europe provides the infrastructure for an exchange information and experience between members. The Insurance Europe plays a supporting role in relation to its members and provides information and guidance on issues of interest to the European insurance sector. The Insurance Europe promotes trust and confidence in the European insurance industry.