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Overview
Lobbying Costs
75,000€
Financial year: Oct 2015 - Oct 2016
Lobbyists (Full time equivalent)
1.25 Fte (2)
Lobbyists with EP accreditation
0
High-level Commission meetings
0
Lobbying Costs over the years
-
Info
Global Federation of Insurance Associations (GFIA)
EU Transparency Register
103598910989-56 First registered on 18 Apr 2013
Goals / Remit
The Global Federation of Insurance Associations (GFIA) was established on 9 October 2012. Its 40 member associations represent insurers that account for around 87% of total insurance premiums worldwide.
The 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.
The federation:
* represents member associations’ interests to, among others, international regulatory groups, standard-setters and governments to increase the industry’s effectiveness;
* contributes to an international dialogue on issues of common interest by formalising contact, cooperation and dialogue among national and regional insurance associations;
* co-operates with other international organisations, particularly those representing the insurance industry;
* shares non-commercially sensitive information and research; and
* provides information on positions taken by the federation.
At its first meeting in Washington, DC, Frank Swedlove, president of the Canadian Life and Health Insurance Association, was elected as GFIA chair.
Recaredo Arias of the Federación Interamericana de Empresas de Seguros was elected as vice-chair; Michaela Koller of Insurance Europe as secretary (with Insurance Europe running the secretariat); Shizuharu Kubono of the Life Insurance Association of Japan as treasurer, and Leigh-Ann Pusey of American Insurance Association as membership executive.
The GFIA has set up working groups on current priority issues for the global insurance industry. Each group is chaired by a member association and membership of the group is voluntary. The groups are:
* Anti-Money Laundering/Counter Terrorism-Financing
* Capital
* ComFrame, chaired by Stef Zielezienski
* Corporate Governance
* Financial Inclusion
* Market Conduct
* Natural Catastrophes
* Systemic Risk
* Taxation
* Trade
Through these working groups, the federation will be active in commenting on a broad range of issues affecting the international insurance industry.Main EU files targeted
The development of international standards by the IAIS and other global standard setters.
Address
Head Office
Rue Montoyer, 51
51
Brussels 1000
BELGIUM -
People
Total lobbyists declared
2
Employment time Lobbyists 100% 1 25% 1 Lobbyists (Full time equivalent)
1.25
Lobbyists with EP accreditation
No lobbyists with EP accreditations
Complementary Information
The GFIA secretariat is held by Insurance Europe, where two members of staff are principally responsible for the secretariat functions. The lion's share of GFIA work is contributed by its various members, coordinating through collaborative drafting and conference calls.
Person in charge of EU relations
Ms Cristina Mihai (Secretariat)
Person with legal responsibility
Mr Kempthorne Dirk (President)
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Categories
Category
II - In-house lobbyists and trade/business/professional associations
Subcategory
Trade and business associations
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Networking
Affiliation
None declared
Member organisations
None declared
-
Financial Data
Closed financial year
Oct 2015 - Oct 2016
Lobbying costs for closed financial year
75,000€
Other financial info
GFIA budget is fully based on fees charged to members.
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EU Structures
Groups (European Commission)
None
ACC
None
Groups (European Parliament)
None
Communication activities
None
Other activities
The 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.
- Meetings
Meetings
None declared
- Meetings