ESG IN INSURANCE Conference: Austrian FMA's supervisory approach towards ESG issues presented by Felix BEGUN

2 March 2023 — Daniela GHETU
Felix BEGUN, mathematician for insurance and pension supervision at the Austrian FMA, the institution's expert on ESG issues, will give a presentation at the ESG IN INSURANCE Conference in Vienna, on 4 April.

As a significant part of Mr. BEGUS's work consists of quantitative evaluations of assets, he will speak about the FMA's objectives for sustainability analyses, overview the methods used and provide a description and short overview of the key results. He also about FMA's handling of the results and their further usage, as well as the experiences and difficulties from the last years, thus providing an image of the practical aspects involved in the insurance supervisory activity with regard to ESG issues.

While the Conference's Keynote Speaker Pamela SCHUERMANS, Principal Expert Insurance Policy, Lead of EIOPA's inter-departmental ESG group will focus on the regulatory and supervisory action for a risk-based transition, Felix BEGUN will add an example of the way local market authorities intervene in the process and Keynote Speaker Elisabeth STADLER, CEO Vienna Insurance Group will provide an example on how a large insurance group approaches incorporating the ESG goals in its business policies.

The first ESG IN INSURANCE Conference organized within the 2023 IIF - The International Insurance Forum framework, in Vienna, on 4 April will offer a comprehensive tableau of the way that market and regulatory drivers in different European jurisdictions lead to various stages of the ESG maturity of the insurance companies.

IIF 2023 - ESG IN INSURANCE Conference is a top-level environment for exchanging business insights on the future outlook for the insurance industry and how it will be shaped by sustainability, technological, regulatory and distribution drivers. The event is completely organized for and by professionals, ensuring the highest quality program in all aspects.

Vienna Insurance Group is the conference's Official Partner. The event also benefits from the support of the Istanbul Underwriting Center.

More details and online registration are available on the conference website.

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