The Insurance Supervision Agency of Macedonia is hosting the Regional Seminar for Insurance Supervisors
The Insurance Supervision Agency of Macedonia is hosting the Regional Seminar for Insurance Supervisors in Central and Eastern Europe, and Central Asia and Transcaucasia on Macroprudential and Group-wide Supervision. The event, which is being organised by the Financial Stability Institute (FSI) and the International Association of Insurance Supervisors (IAIS), will be held on 8-10 May in Skopje, Macedonia.
The Seminar will cover various topics, ranging from risk and financial stability monitoring to supervisory cooperation in colleges. The presentations and case-studies will focus on international standards but will also provide a practical supervisory perspective, where relevant. For more information on the programme, please consult the attached agenda here.
Workshop – Risk – based insurance supervision
ISA in cooperation with USAID project Partners for Financial Stability (PFS) organized a two-day workshop on the topic Risk–based insurance supervision, which was held in Hotel Holiday Inn from 03.11–14.11.2011.
The organization of this workshop was based on the conclusions from the conference (Challenges in harmonization of the domestic insurance legislation and supervision with the legislation and practice of the European Union) held in Ohrid from 30.05-31.05.2011.
Lecturers on this workshop were Holly Bakke (USAID PFS), Nóra Kiss (HFSA-Hungary), Tanja Buhlmann (Germany-BaFin), Ivana Petrović (Serbia-National Bank of Serbia) and Alma Qamo (Albania-World Bank consultant).
This workshop was attended by 50 participants, representatives of the supervisory insurance bodies from Albania, Bosnia and Herzegovina, Bulgaria, Macedonia, Moldova, Serbia, Hungary, Croatia and Montenegro.
During the workshop, the participants had an opportunity to hear experiences from countries which are in different phases of utilization of risk–based supervision, starting from countries in the region that do not have or have not sufficiently developed legislation for this supervision type, and finishing with the EU countries that are in the preparation phase of implementing the Directive 2009/138/EC (Solvency II).
The goal of the workshop was practical: the participants had to prepare a letter addressed to the management in which they would cite the necessary steps for introduction of risk–based insurance supervision.
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Workshop – Risk – based insurance supervision
ISA in cooperation with USAID project Partners for Financial Stability (PFS) organized a two-day workshop on the topic Risk–based insurance supervision, which was held in Hotel Holiday Inn from 03.11–14.11.2011.
The organization of this workshop was based on the conclusions from the conference (Challenges in harmonization of the domestic insurance legislation and supervision with the legislation and practice of the European Union) held in Ohrid from 30.05-31.05.2011.
Lecturers on this workshop were Holly Bakke (USAID PFS), Nóra Kiss (HFSA-Hungary), Tanja Buhlmann (Germany-BaFin), Ivana Petrović (Serbia-National Bank of Serbia) and Alma Qamo (Albania-World Bank consultant).
This workshop was attended by 50 participants, representatives of the supervisory insurance bodies from Albania, Bosnia and Herzegovina, Bulgaria, Macedonia, Moldova, Serbia, Hungary, Croatia and Montenegro.
During the workshop, the participants had an opportunity to hear experiences from countries which are in different phases of utilization of risk–based supervision, starting from countries in the region that do not have or have not sufficiently developed legislation for this supervision type, and finishing with the EU countries that are in the preparation phase of implementing the Directive 2009/138/EC (Solvency II).
The goal of the workshop was practical: the participants had to prepare a letter addressed to the management in which they would cite the necessary steps for introduction of risk–based insurance supervision.
The challenges in harmonizing of the national insurance legislation and supervision to the EU acquis
30-31 May 2011, Ohrid, Macedonia
Conference venue: Hotel Granit, Ohrid
The Insurance Supervision Agency organizes a regional conference for insurance supervisors. The goal of the conference is to address the important issues in the harmonizing of the domestic insurance legislation to the EU acquis, as well as to provide exchange of experience and best practices of the regulatory bodies. The organization of the conference has been supported by the USAID’s Partners for Financial Stability Program (PFS).
The upcoming conference is titled “The challenges in harmonizing of the national insurance legislation and supervision to the EU acquis”. It will include topics related to the “Challenges of Solvency II” and “Risk based supervision”, as well as other current issues relevant to the insurance supervision. The conference will be held on 30-31 May 2011 in Ohrid, Macedonia. The venue of the conference is hotel “Granit”, Ohrid.
The conference is aiming to bring together officials from the regulatory bodies from the SEE region which are in different phases of their accession process to the EU (Croatia, Bosnia-Herzegovina, Serbia, Montenegro, Albania and, the host country, Macedonia), as well as officials of the regulatory bodies from the EU countries, International Association of Insurance Supervisors (IAIS), European Insurance and Occupational Pensions Authority (EIOPA) and academics from prominent universities.
Enclosed is the draft agenda of the Conference. The working language of the conference is English. For any further information, please contact the conference secretariat (Mr. Darko Blazhevski, e-mail:darko.blazevski@aso.mk , tel +389 2 3254 062).
You can find the conference agenda here.
Memorandum of understanding signed with Central Bank of Republic of Kosovo
On March 5, 2010 in the CBK auditorium, was signed the Memorandum of Understanding (MOU), between the Insurance Supervision Agency of the Republic of Macedonia and the Central Bank of the Republic of Kosovo.
The MOU was signed by the President of the ISA Mr.Klime Poposki and the CBK Governor Mr. Hashim Rexhepi, the officials expressed their will and readiness to further improve this co-operation.
The MOU incorporates the Insurance Core Principles for effective insurance supervision, in line with the International Association of Insurance Supervisors (IAIS).
