The FFSA recalled that on this amount 4

If the reconciliation with the Gema is the priority of the re-elected President of the FFSA, should closely monitor the evolution of several topics of place.

"Class actions".

Insurers are reluctant to the introduction of group actions, "which would create a new factor of volatility of results". They did whether public authorities. Their philosophy is clear: "the hypothetical benefits envisaged of such a procedure the cost for all consumers do not justify the introduction of a group action." The French market would be hard-pressed to pass by a sharp increase in contributions significant increases in the costs of litigation, considers the FFSA.

The crisis of the medical RC

Currently, all health professionals is a guarantee of civil liability, recalled the Federation. "The problem of the amount of contributions", she recognizes. Several solutions are being considered reduction of the scope of responsibility, waiver of social security, supported by the national solidarity (Oniam) of claims exceeding a certain threshold (capping), a grant to accredited practitioners... Most insurers would be favourable to a shaving.

Investment in the non-coté

Insurers will be subject to controversy commitment to increase from 6 billion euros, from late 2003 to end of 2007, the share of capital invested in this asset class. A new instance of the investment in the non-coté Committee was created in the FFSA. End of March 2006, the profession had invested EUR 15.2 billion in the non-coté, or 1.2 of the total assets and 4.6 billion higher than at end of 2004. The FFSA recalled that, on this amount, 4.2 billion euros were not yet called, thus returning investors capital before their responsibilities and their claiming of their funds performance monitoring tools.

Personal injury

"The disparity in compensation by the courts is a problem of transparency and fairness in compensation for the injury", insists the FFSA. To harmonize these compensation, insurers FFSA and Gema gathered work in a repository that they will submit to the Chancellery. But Gérard de La Martinière recognizes the difficulty in convincing both the magistrates, the associations of victims and counsel.

Solvency 2

For the Federation, the first version of the standard formula of solvency of the CEIOPS (Committee of insurance supervisors) resumed well the architecture proposed by the profession"but is"of the serious limitations": its General sizing is too high (it leads to a doubling or even to a tripling of the solvency requirements), equity investments are penalized, the capital requirements for the size of the portfolio"seem little relevant"and it is considered too complex in its structure and to the required statistical data.

The second phase of the IFRS

If rated insurance companies apply the IFRS standards since January 1, 2005, applicable to insurance liabilities (IFRS 4) is transient. Guidelines have been proposed by the Committee of the IAS for a publication of the final current 2009 standard. For the FFSA, several points remain unresolved, such as the introduction of a floor for the valuation of insurance liabilities, the accounting treatment of the participation benefits and the possible recognition of profits to the subscription. "It will be important to ensure coherence between IFRS and repositories solvency 2," says Gérard de La Martinière.