Peter Braumüller, Managing Director for Insurance and Pension Supervision at the Austrian Financial Market Authority (FMA), has today been re-elected as the Vice Chairperson of the European Insurance and Occupational Pensions Authority (EIOPA). Dr. Braumüller will therefore continue to hold this important function for a further four years, in times of particular challenges for EIOPA. In addition to the impact of the COVID-19 crisis on the insurance and occupational pensions sector, the coming years will especially be marked by the issues of the Solvency II Review, digitalisation, cyber risks, sustainability risks as well as the further strengthening of consumer protection.
EIOPA is the competent European Supervisory Authority responsible for insurance and occupational pensions and has its headquarters in Frankfurt. As the competent national supervisory authority for insurance undertakings and pension companies (Pensionskassen), the FMA represents Austrian interests in this European authority, and holds a seat with voting rights in its Board of Supervisors.
Journalists may address further enquiries to:
Klaus Grubelnik (FMA Media Spokesperson):
+43 / (0)1 / 24959-6006
+43 / (0)676 / 88 249 516