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Insurance regulators from G20 countries and guests discussed the sector's challenges at the Insurance Forum 2018

The first day of the Insurance Forum 2018, in the framework of the G20, was held in the city of San Carlos de Bariloche today. The discussion panels had as thematic areas the contribution of insurance to the construction of resilient economies; the promotion of long-term investments in sustainable infrastructure; Insurance 2.0, responding to technological disruption; and, finally, the question of the globalization of insurance and reinsurance markets.

insurance is capable of being a leading player in the development of the economy and it is our challenge to generate the conditions to provide long-term investment alternatives in infrastructure to create resilient economies and contribute to the development of our countries in an inclusive manner

Juan Pazo, superintendent of Insurance of Argentina

The event, organized by the Ministry of Treasury, through the National Superintendence of Insurance (SSN), is a historic milestone for the insurance industry since it is the first time that the insurance sector joins the discussion agenda of the G20. We are at a turning point in history, seeing changes in traditional political, economic and social structures. All these variables compel the different political and economic actors to work together to facilitate sources of long-term financing in infrastructure that contribute to creating development and resilience in increasingly volatile scenarios, said Pazo.

The Insurance Forum will continue on September 25 and 26 in Bariloche, giving rise during these two days to the participation of the most influential players of the international insurance market as well as the regulators.

The Executive Committee that will preside over the forum during these two days is integrated by: Chairman Adrián Werthein, shareholder of Experta ART, and four Co-Chairs: Alejandro Simon, CEO of Sancor Seguros; José Cardoso, president of IRB (Brazilian Reinsurance Institute); Recaredo Arias, president of GFIA (Global Federation of Insurance Associations) and Toyonari Sasaki, Vice Chairman of the Association of Life Insurers of Japan.

The long-term objective of this event is to position the insurance sector, both regulators and the industry, as a participant, unique and different from other economic actors, in the face of future G20 events, strengthening political leadership through international engagement. At the SSN, we believe that it is essential for the development of the industry within a framework of predictability and commitment with the best practices worldwide.

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