Launch of European Insurance Forum 2012

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How is the European re/insurance market responding to the challenges presented by the Eurozone crisis? Is the shift in global economic power affecting European-based re/insurance business? What are the responses Dublin’s international re/insurance companies are developing to the new risk environment?

These questions and others will be explored at this year’s European Insurance Forum, an international conference held annually in Dublin. This year’s event, EIF2012, is being launched today.

Ireland was one of the first wave of European Member States to join the Euro; it was also the first country to face austerity measures. Despite this, it has remained a centre of European cross-border re/insurance business, and as one of the most open economies in world is still attracting significant foreign direct investment in financial services.

EIF2012, held in conjunction with DIMA (Dublin International Insurance & Management Association), will host several international re/insurance CEOs, leading figures from the regulatory community and senior industry practitioners to explore issues such as the role of rating agencies in the current market conditions, latest regulatory developments and future prospects for the industry.

Sarah Goddard, CEO of DIMA, said: “These are unprecedented times, and as such they present both uncertainty and opportunity. We continue to welcome new companies into the DIMA membership, and are seeing increases in research, development and innovation projects, and education activities specifically related to the re/insurance sector in Ireland.”

Today’s launch will be addressed by John Bruton, President of IFSC Ireland and former Taoiseach.

For further information contact:

Sarah Goddard, CEO, DIMA, tel: +353 87 131 9851; sarah.goddard(at)dima(dot)ie
Amanda Burton, Green Shoots Communications, tel: +44 7974 428 026; amanda(at)greenshootscomms(dot)com
Sarah Collins, Conference Partners, tel: + 353 87 972 0013; EIF2012(at)conferencepartners(dot)ie

Website: http://www.europeaninsuranceforum.com

Note to Editors:
DIMA (the Dublin International Insurance & Management Association) is the industry representative body for international insurance and reinsurance companies, insurance and reinsurance captives, and captive management companies established in Ireland. It represents almost 70 companies, writing about €16bn in premium income in 2010.

http://www.dima.ie

Photographs will be available.

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Amanda Burton

Sarah Collins
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