2.  The commission in the UK
 The commission in the USA
 The international Association of Insurance
Supervisors
 Conclusion

3.  Competition on the financial market -> Very
important
 Several commissions
 Authorities
 The competition commission
 Ban on the sale of payment
protection insurance (PPI )

4.  Introduce a package of measures
1. Personal PPI quotes for consumers
2. Annual statements on cover
3. Better information
 The competition commission
 reforms will face real competition -> cost of the cover
will drop

5.  The US competition authorities
 Suit -> Providers of commercial health insurance
 Blue cross blue shield
 Policies of “Blue cross blue shield” with hospitals
 Competition
 Raising premiums
 The suit shows
 peruse a dominant insurance

6.  The agreements
 Hospitals
 The agreements have two effects:
 Increasing prices
 Keeping rivals out

7.  Thehealth insurance market
 Dominant provider
 Individual insurance groups
 Escape on the list of dangerously large financial
institutions
 Higher capital requirements
 Costs would involve

8.  Aegon
 Allianz
 Aviva
 Axa
 Swiss Re
 Zurich Financial Services

9.  Important differences
 Banks
 Insurers
 Global regulators
 Identify important financial institutions
 Approve a financial list

10.  The proposals include:
 Higher capital requirements
 “Bail-ins”
 The International Association of Insurance
Supervisors
 Develop standards for supervising risks
 Escaping the list
 Relief for the insurers

11.  Big competition
 several insurance companies
 Extremely competitive
 Lower premium
 Good for the customer

12. Thank you for listening