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Egypt to Take Part in IAIS 2014 Conference

by Yomna Yasser

Egypt will take part in the International Association of Insurance Supervisors – (IAIS)’s 21st Annual Conference, currently being held in Amsterdam.

Mohammed Maait – Vice Chairman of the Egyptian Financial Supervisory Authority (EFSA) – will attend the IAIS Annual Conference 2014, which is being take place from October 22-25.

IAIS 2014 will bring together a diverse group of international financial supervisors and representatives of the insurance industry, including IAIS Members. The conference is preceded by Committee Meetings, from October 20 to 22, and followed by the General Meeting, on October 25. Providing a valuable opportunity for attendees to exchange views and experience on insurance-related issues and initiatives, this event will help foster stability in the insurance industry and financial services sector.

Established in 1994, the IAIS represents insurance regulators and supervisors of more than 200 jurisdictions in nearly 140 countries, constituting 97% of the world’s insurance premiums. It also has more than 130 observers. Its objectives are to: promote effective and globally consistent supervision of the insurance industry in order to develop and maintain fair, safe and stable insurance markets for the benefit and protection of policyholders; and to contribute to global financial stability.

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