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Actuarial Association of Europe

Acronym: AAE

General Information

Identification Code: 550855911144-54
Website: [object Object]
Entity Form: Professional body (Swiss Verein)
Registration Category: Trade unions and professional associations
Registration Date: 5/15/2013
Last Update: 1/17/2024
EP Accredited Number: 0

Mission & Interests

Goals: The AAE brings together the actuarial associations in the European Union to represent the actuarial profession in discussion with the European Union institutions on existing and proposed EU legislation which has an impact on the profession. Advice and comments provided by the AAE on behalf of the European actuarial profession are totally independent of industry interests. The AAE also provides a forum for discussion amongst all actuarial associations throughout Europe. The Groupe currently has thirty-eight member associations in thirty-seven European countries, representing about 29,000 actuaries.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
  • Banking and financial services
  • Business and industry
  • Climate action
  • Consumers
  • Digital economy and society
  • Economy, finance and the euro
  • Employment and social affairs
  • Enlargement
  • Environment
  • Justice and fundamental rights
  • Single market
Levels of Interest:
  • european

Activities

Main EU Legislative Proposals: Solvency II IORP Directive Capital Markets Union Sustainability of pensions Infrastructure investments Consumer protection Portability of pensions Insurance guarantee schemes PEPP Financial sustainability EU financial supervision Climate change IORP II
Communication Activities: Position and discussion papers shared with relevant EU stakeholders: Solvency II review: main positions of the AAE AAE Position on insurance recovery and resolution AAE position on Sustainability issues and reputational risk for insurance companies and pension funds AAE position on Environmental Liability Directive – Financial Security and the Polluter Pays Principle Required skills to be a good risk manager Negative Interest rates The ageing of the EU - implications for pensions Position paper on the Role of the Actuary under Solvency II Clarity before Solvency Independent review of Solvency II reports Key issues for setting up national pension tracking services Survey of decumulation regimes in the EU Sustainability of pension systems in Europe European Congress of Actuaries PEPP regulation Insurability and pandemic Actuaries and operational risk management Roles of actuaries in relation to IFRS17 Application of professional judgment by actuaries A review of the design of the Solvency II risk margin Meeting the challenge of ageing in the EU Our future role as social security actuaries in Europe Sustainable products in insurance AI and the opportunity and challenges it presents to insurability From labour supply to labour productivity
Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: Boulevard Roi Albert II 4
Post Code: B-1000
City: Brussels
Country: BELGIUM
Phone: [object Object]

EU Office

Address: Boulevard Roi Albert II 4
Post Code: B-1000
City: Brussels
Country: BELGIUM
Phone: [object Object]

Financial Data

New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]

Membership Information

Members10 Percent: 0
Members25 Percent: 8
Members50 Percent: 2
Members75 Percent: 0
Members: 10
Members F T E: 3

Structure

Structure Type: Structure
Is Member Of: https://actuary.eu/about-the-aae/members/ https://www.actuaries.org/iaa
Organisation Members: Our members are the Actuarial Associations of the EU countries (incl. the European Economic Area). See: https://actuary.eu/about-the-aae/members/ AAE is not a member of any other organisation. AAE has a Memorandum of Understanding with the International Actuarial Association (https://www.actuaries.org/iaa)