RELATIONS WITH CEA AND EUROPEAN INSURANCE ASSOCIATIONS

Association & CEA

The Association is a member of the European Insurance and Reinsurance Federation (CEA), which represents more than 5,000 insurance and reinsurance companies in 33 national member associations across Europe. 

CEA represents the common interests of European insurers by promoting, defending and illustrating their views in international bodies. Via its member national associations, CEA exchanges information and experience between markets by undertaking studies in the interests of European insurance and reinsurance companies; promotes an open insurance and financial services environment in Europe; fosters an orderly and competitive market for institutional investments; promotes a level playing-field with other financial service providers; secures optimal conditions of European Union enlargement for the insurance sector and promotes a European prudential supervisory regime.

As a member of CEA, the Association regularly attends CEA committee meetings, follows developments in the EU single insurance market in Turkey’s EU harmonization process and informs the Turkish insurance sector about the developments at the EU level through reports and working papers.

The Association also hosted the 53^rd CEA General Assembly in Istanbul, on 15-17 June 2006, with the participation of high-level officials and managers of European insurance companies and associations. During the three day programme, CEA Heads of Delegation/DG Conference, Committee Chairpersons and Presidential Council meetings were held, as well as the CEA General Assembly followed by a special conference entitled “The Insurance Industry: Meeting New Challenges Facing European Society and Economy”.

As a remembrance of the CEA 2006 General Assembly and a reference book for interested parties, the presentations made during the conference were compiled, published both in Turkish and English and distributed to participants and insurance environs.

Association & European Insurance Associations

As the representative of the entire insurance sector in Turkey, the Association attaches utmost importance to establishing a steady and functioning dialogue and collaboration platform with European insurance associations in Turkey’s harmonization process with the European Union. In this context, the Association pays study visits to national insurance associations across the European Union to introduce the Turkish market, learn more about their experiences in the EU single insurance market and exchange views and ideas. 

Within the past three years, the representatives of the Association visited nine national insurance associations, exchanged information about market structures, functioning mechanisms and priorities and later shared this information with the Turkish insurance sector through comprehensive country reports.