Robert H. Gayner

1
Robert H. Gayner

• Chairman
• WFII

2

• Every country should have specific regulation on
  insurance intermediation
• - Activity-based
• - fair

3

• Article 11 of
• IAIS Core principles

4

• Interplay between regulators, supervisors,
  intermediaries and insurers
• key

5

• Principles should be adapted by domestic
  regulators to fit their own circumstances
• Regulators are welcome to invite representative
  industry bodies in the development of the
  standards

6

• IAIS principles for the
• conduct of insurance business
• reservations as to the level of detail

7

• WFII encourages its member associations to
  develop
• - where necessary -
• a code of conduct

8

• Solvency and market security are important and
  urgent issues

9

• A code of conduct is complementary to national
  market regulation and should always be seen in
  the context of a national situation

10
Robert H. Gayner

• Chairman
• WFII