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FMA: New Managing Director for Insurance Supervision

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Martina Andexlinger has taken over as the Managing Director of the Insurance, Pension and Corporate Provision Companies Supervision Department at the Austrian Financial Market Authority (FMA) on 01 June 2026. She succeeds Peter Braumüller, who has retired following over two decades as the Managing Director of the department.

Supervision of insurance and pension companies is among the FMA’s most significant areas of supervision. The FMA supervises 72 insurance undertakings, which collectively manage assets of €110.4 billion, and annual income from premiums of €24 billion. Austrian insurance groups traditionally are very active on an international basis, with around 100 subsidiaries being active in 26 markets, primarily in Central Eastern and South Eastern Europe. This places substantial demands both on ongoing supervision and in terms of cooperation with foreign supervisory authorities and European institutions. Pension companies and corporate provision companies will increase in significance as a result of measures recently passed by Austria’s government to strengthen corporate old-age provision, and conferring new duties upon the FMA.

“Austrian insurers are often among the most systemically important players in their foreign markets. Effective and internationally connected insurance supervision by outstanding experts in their field has become a central duty for the FMA – both for Austria’s financial market stability and for ensuring insurance policyholder’s confidence”, remarked the FMA’s Executive Directors Mariana Kühnel and Helmut Ettl.

“We are very pleased to welcome Martina Andexlinger, an experienced supervisor from within the FMA’s ranks, to our new Senior Management Team,” added Mariana Kühnel and Helmut Ettl. “We would like to thank Peter Braumüller for steering insurance supervision at the FMA calmly through the financial crisis, the low interest environment and the pandemic, and for helping to shape insurance supervision at the highest European level.”

Martina Andexlinger has held managerial positions at the FMA for many years, most recently in integrated conduct supervision and prevention of money laundering. As the Co-Lead of the “Fit For Future” transformation programme, she also made a significant contribution to the FMA’s strategic development and modernisation.

“Insurance supervision has an exceptionally strong foundation, based on expertise that has been built up in a professional manner over decades. Building on this, I will focus on modern, effective and consistent risk-based supervision, supported by transparent and clear communication. The objective is and remains to contribute to financial market stability as well as to protected insured persons and beneficiaries – both those who currently receive a benefit and those who are entitled to one in the future,” explained Andexlinger.

Peter Braumüller’s retirement marks the end of an era for insurance supervision in Austria and Europe. He made significant contributions at both national and European level – including through the European supervisory authority, EIOPA, and its predecessors. The FMA’s Executive Board expresses its thanks for his exceptional services to Austria as a financial centre.

The FMA’s Managing Directors:

Department I – Banking Supervision: Michael Hysek

Department II – Insurance, Pension and Corporate Provision Companies Supervision: Martina Andexlinger (from 01.06.2026)

Department III – Securities Supervision: Birgit Puck

Department IV – Integrated Supervision and Innovation: Katharina Muther-Pradler

Department V – Services: Philipp Kaiser-Hiebinger

Department VI – Resolution, Enforcement and Law: Oliver Schütz

Journalists may address further enquiries to

Boris Gröndahl (FMA Media Spokesperson)

Telephone: +43/(1)249/59-6010

Mobile: +43 676 8824 9995

E-Mail: [email protected]