NationMaster - Encyclopedia: Geneva Association, The

The International Association for the Study of Insurance Economics, also known by its short name The Geneva Association, is a unique world organisation formed by a maximum of 80 CEOs (Chief Executive Officers) from the most prominent insurance companies around the world. A non-profit organization (often called non-profit org or simply non-profit or not-for-profit) can be seen as an organization that doesnt have a goal to make a profit. ... Hunters a cool hobo For other uses, see Geneva (disambiguation). ... Image File history File links Flag_of_Switzerland. ... A website (or Web site) is a collection of Web pages, images, videos and other digital assets and hosted on a particular domain or subdomain on the World Wide Web. ... A Chief Executive Officer (CEO), or Chief Executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency. ... Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. ...

Its main goal is to research the growing importance of worldwide insurance activities in all sectors of the economy. It tries to identify fundamental trends and strategic issues where insurance plays a substantial role or which influence the insurance sector. In parallel, it develops and encourages various initiatives concerning the evolution – in economic and cultural terms – of risk management and the notion of uncertainty in the modern economy. All those activities are pursued by means of research, publications and organisation of international conferences, seminars as well as discussions with Nobel Prize winners such as Kenneth J. Arrow, Josef Stiglitz and others. In addition, The Geneva Association stimulates research work in insurance-related fields and risk management through the availability of scholarships, prizes, grants and subsidies for theses.^[1] Research is a human activity based on intellectual investigation and aimed at discovering, interpreting, and revising human knowledge on different aspects of the world. ... Risk management is the human activity which integrates recognition of risk, risk assessment, developing strategies to manage it, and mitigation of risk using managerial resources. ... This article or section does not adequately cite its references or sources. ... The Nobel Prizes (Swedish: ) are awards in Physics, Chemistry, Literature, Peace, Physiology or Medicine and Economics. ... Note: The term scholarship can mean either the methods employed by scholars (see scholarly method) or an award of access to an institution and/or money for an individual for the purposes of furthering their education. ... A prize is an award given to a person or a group of people to recognise and reward actions or achievements. ... Look up Grant, grant in Wiktionary, the free dictionary. ... In economics, a subsidy is generally a monetary grant given by a government to lower the price faced by producers or consumers of a good, generally because it is considered to be in the public interest. ... A thesis (from Greek position) is an intellectual proposition. ...

The Geneva Association also acts as a forum for its members, providing a worldwide unique platform for the insurance CEOs. It organises the framework for its members in order that they may exchange ideas and discuss key strategic issues, especially at the General Assembly where once per year over 50 of these CEOs gather. Moreover, The Geneva Association organises global networks for experts in various fields linked to insurance such as risk management, pension provision, health, regulation, etc. It also manages several extra-company networks of specialists from our members' companies: Chief Risk Officers (CROs), Chief Economists and Strategists, the Accountancy Task Force with CFOs (Chief Financial Officers) and Chief Accountants as well as the Liability Regimes Planning Board with Chief Legal Officers (CLO) and General Counsels. Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. ... Risk management is the human activity which integrates recognition of risk, risk assessment, developing strategies to manage it, and mitigation of risk using managerial resources. ... The Chief Risk Officer (CRO) or Chief Risk Management Officer (CRMO) of a corporation is the executive in charge of assessing and planning for potential risks in the various segments of a given business model, such as computer security, compliance, and lawsuits, to minimize the firms liability and related... The Chief Economist is a single position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. ... A task force (TF) is a temporary unit or formation established to work on a single defined task or activity. ... The Chief Financial Officer (CFO) of a company or public agency is the corporate officer primarily responsible for managing the financial risks of the business or agency. ... A Chief Legal Officer (CLO) is the highest-ranking corporate officer concerning legal affairs of a corporation, or agency. ... A General Counsel is the chief lawyer of a legal department, usually in a corporation or government department. ...

The Geneva Association is a non-profit organisation and its General Secretariat is located in Geneva, Switzerland.^[2] A non-profit organization (often called non-profit org or simply non-profit or not-for-profit) can be seen as an organization that doesnt have a goal to make a profit. ... Hunters a cool hobo For other uses, see Geneva (disambiguation). ...

Historic Developments

The Geneva Association was founded under the initiative of a committee which met for the first time in Paris on September 22, 1971. This founding committee was constituted by the following people: A committee is a (relatively) small group that can serve one of several functions: Governance: in organizations too large for all the members to participate in decisions affecting the organization as a whole, a committee (such as a Board of Directors) is given the power to make decisions. ... City flag City coat of arms Motto: Fluctuat nec mergitur (Latin: Tossed by the waves, she does not sink) Paris Eiffel tower as seen from the esplanade du TrocadÃ©ro. ...

The Constitutive Assembly of the Geneva Association took place in Paris on February 27, 1973, at the headquarters of La Paternelle (today part of the AXA Group). The following companies were represented by their President or CEO: Allianz, Münchener Rück, Aachener & Münchener, and Victoria for Germany; Commercial Union, Royal and Mercantile & General for the United Kingdom; Erste Allgemeine for Austria; Royale Belge for Belgium; UAP, AGF, Paternelle, Préservatrice and SAFR for France; Generali, RAS, Reale Mutua, INA and Fondiaria for Italy; Nationale Nederlanden for the Netherlands, and the Swiss Re for Switzerland. Mannheim is a city in Germany. ... Nickname: Map showing the location of Brussels in Belgium Coordinates: Country Belgium Region Brussels-Capital Region Founded 979 Founded (Region) June 18, 1989 Government - Mayor (Municipality) Freddy Thielemans Area - Region 162 kmÂ² (62. ... SE[1], (ISIN: DE0008404005; IPA pronunciation: [alliËˆanÊ¦], and formerly AG) is a large financial service provider headquartered in Munich, Germany. ... Munich (German: , pronounced ; Austro-Bavarian: Minga [1]) is the capital of the German Federal State of Bavaria. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... Trieste (Italian: Trieste; Slovenian and Croatian: Trst; German: Triest; Hungarian: Trieszt; Latin: Tergeste; Serbian: Ð¢Ñ€ÑÑ‚ or Trst) is a city and port in northeastern Italy right on the border with Slovenia. ... City flag City coat of arms Motto: Fluctuat nec mergitur (Latin: Tossed by the waves, she does not sink) Paris Eiffel tower as seen from the esplanade du TrocadÃ©ro. ... Axa SA is a French insurance company engaged in financial protection and wealth management. ... SE[1], (ISIN: DE0008404005; IPA pronunciation: [alliËˆanÊ¦], and formerly AG) is a large financial service provider headquartered in Munich, Germany. ... MÃ¼nchener RÃ¼ckversicherungs-Gesellschaft Aktiengesellschaft (also Munich Re in English) is the worlds largest reinsurance company based in Munich, Germany. ... AGF (Euronext: AGF) is a French insurance company, based in Paris (HQ: rue Richelieu). ... 30 St Mary Axe - at 180 m, Swiss Res London headquarters is the 6th tallest building in London Swiss Re is the worlds second-largest reinsurance company (after Munich Re/ MÃ¼nchener RÃ¼ck), and the worlds largest life and health reinsurer. ...

The Geneva Association was established in 1973 for the purpose of promoting economic research in the sector of risk and insurance.

Membership

At the outset, the Geneva Association had 20 in 8 European countries. Today, it has 80 members from 14 countries in Europe, 4 countries in North and South America, 3 countries in Asia, and 1 country in Oceania. Its members are the chief executive officers of most of the leading insurance companies in the world and they are members in a personal capacity. The maximum number of members is limited to eighty. Applications of new members shall be examined by the Board of Directors at the proposal of the President and, if recommended, be submitted to the General Assembly for approval by majority vote.^[3]

Key Research Programmes

The main research activities of The Geneva Association focus on the following programmes:^[4]

The Four Pillars

This programme was launched in 1987. Key areas of research: social security, insurance, savings and employment

Health and Ageing

This programme focuses on health issues for people aged between 50 and 80. Key areas of research: health and productive ageing

Insurance and Finance

This programme focuses on finance issues where it is relevant to the insurance and risk management sector. Key areas of research: finance and insurance

Risk Management

This programme focuses on the exchange of information in the risk management sector. Key areas of research: risk management, assessment and prevention

PROGRES

This programme focuses on the exchange of information on studies and initiatives aimed at better understanding the challenges advising in the fields of insurance regulation, supervision as well as other legal aspects. Key areas of research: regulation, supervision and legal issues in insurance

Insurance Economics

This programme focuses on the promotion of contacts at the university level in the field of risk and insurance economics. Key areas of research: risk, insurance and economics

Meetings, Seminars and Conferences

To achieve its main goals, The Geneva Association organises or co-organises a large number of meetings, conferences and lectures. The most important meeting of the Geneva Association is its General Assembly that takes place every year. At this occasion, key economic issues are presented and discussed with world-reknown personalities and key indications and recommendations are provided for the activity of the association. Since 1973, The Geneva Association has been organising an annual seminar for The European Group of Risk and Insurance Economists (EGRIE), in order to stimulate research and teaching in areas linked to economics and insurance.

Thoughout the year, The Geneva Association organises various conferences aroung the globe which are linked to its research programmes.^[5]

Publications

The Geneva Association publishes and edits a number of journals, newsletters and a series of research working documents such as The Geneva Papers on Insurance - Issues and Practice. This major publication was created in January 1976, following a suggestion by the first president of the Geneva Association, Mr Raymond Barre. In 1990, with the development of more theoretical studies on risk and insurance, The Geneva Papers were split up in two series: The Geneva Papers on Risk and Insurance - Issues and Practices and The Geneva Risk and Insurance Review (called The Geneva Papers on Risk and Insurance - Theory up to December 2004). Raymond Barre was born on April 12, 1924 in Saint Denis, the capital of the French island of La RÃ©union in the Indian Ocean. ...

The Geneva Papers on Risk and Insurance - Issues and Practices rely essentially on in-depth professional business analysis and aim at bridging the gap between academics and practitioners working in insurance. This quarterly journal was published by Blackwell Publishers in London until December 2004 and is now published by Palgrave Macmillan.^[6] Conversely, The Geneva Risk and Insurance Review is exclusively devoted to academic-university scholars in economics. It is published bi-annually by Springer.^[7] Blackwell Publishing was formed in 2001 from two Oxford-based academic publishing companies, Blackwell Science and Blackwell Publishers and is the worlds leading society publisher, partnering with 665 academic and professional societies. ... Macmillan Publishers Ltd, also known as The Macmillan Group, is a privately-held international publishing company owned by Georg von Holtzbrinck Publishing Group. ...

The Geneva Association also releases a number of other publications. These include The Geneva Association Information Newsletters, published biannually, which relate state of art information on the different research programs developed by the association.^[8] It also publishes the Etudes & Dossiers which present in full preliminary and completed research work internaly financed.^[9] In addition, The Geneva association has released various books such as Insurance and September 11 - One Year After and studies that have benefited from the support of the association.^[10]

External Links

References

^ Grants. The Geneva Association. Retrieved on 2007-05-09.
^ Organisational Structure of the GA. The Geneva Association. Retrieved on 2007-05-09.
^
^ Research Programmes. The Geneva Association. Retrieved on 2007-05-09.
^ Events. The Geneva Association. Retrieved on 2007-05-10.
^ The Geneva Papers on Risk and Insurance - Issues and Practices. Palgrave Macmillan, Journals. Retrieved on 2007-05-10.
^ The Geneva Papers on Risk and Insurance - Issues and Practices. Palgrave Macmillan, Journals. Retrieved on 2007-05-10.
^ Geneva Association Information Newsletters. The Geneva Association. Retrieved on 2007-05-10.
^ Etudes & Dossiers. The Geneva Association. Retrieved on 2007-05-10.
^ Recent Books and Scripts. The Geneva Association. Retrieved on 2007-05-10.

Category: International organizations 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... May 9 is the 129th day of the year in the Gregorian calendar (130th in leap years). ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... May 9 is the 129th day of the year in the Gregorian calendar (130th in leap years). ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... May 9 is the 129th day of the year in the Gregorian calendar (130th in leap years). ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... May 10 is the 130th day of the year in the Gregorian calendar (131st in leap years). ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... May 10 is the 130th day of the year in the Gregorian calendar (131st in leap years). ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... May 10 is the 130th day of the year in the Gregorian calendar (131st in leap years). ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... May 10 is the 130th day of the year in the Gregorian calendar (131st in leap years). ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... May 10 is the 130th day of the year in the Gregorian calendar (131st in leap years). ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... May 10 is the 130th day of the year in the Gregorian calendar (131st in leap years). ...

Contents

Historic Developments var ACE_AR = {Site: '756743', Size: '300250'};