Home Knowledge CEIOPS publishes list of groups for which a College of Supervisors is in place

CEIOPS publishes list of groups for which a College of Supervisors is in place

June 21, 2010

CEIOPS has recently published a list of the groups within the insurance sector for which a College of Supervisors is currently in place.

The College of Supervisors is a permanent, although flexible, structure for cooperation and coordination among the authorities responsible for and involved in the supervision of the different components of cross-border financial services groups, specifically large groups.  It provides a forum for cooperation between the authorities responsible for supervision of a particular corporate group.

Ireland is designated as the lead supervisor in one College of Supervisors, for UBS Life.  There are a number of colleges in which Ireland participates where another country is the lead supervisor. These colleges include:

Group

Lead Supervisor

ACE European Group

UK

Allianz

Germany

Aviva

UK

Axa

France

Canada Life

UK

Generali

Italy

Halifax

UK

Legal& General

UK

MetLife

UK

Prudential

UK

Royal Live

UK

Royal & Sun Alliance

UK

SCOR

France

Zurich 

Switzerland and UK