Standard Setting Bodies and Professional Federations The European Commission: ec.europa.eu/internal_market/insurance/solvency/index_en.htm European Insurance and Occupational Pensions Authority (EIOPA): eueiopa.europa.eu National Association of Insurance Commissioners, USA (NAIC): content.naic.org/ International Association of Insurance Supervisors (IAIS): www.iaisweb.org The European Federation of (Re)Insurers: www.insuranceeurope.eu The European Federation of Risk Management Associations: www.ferma.eu The Association of Reinsurance Professionals in France: www.apref.org Regulators and Control Authorities Belgium: www.nbb.be France: acpr.banque-france.fr/lacpr.html Guernsey: www.gfsc.gg/ Ireland: www.centralbank.ie Italy:

E.U. regulator EIOPA (the European Insurance and Occupational Pensions Authority) in July 2018 announced the new composition of the Insurance and Reinsurance Stakeholder Group (IRSG) and the Occupational Pensions Stakeholder Group (OPSG). The two stakeholder groups are renewed every 30 months. The new rosters show a more balanced approach in regard to gender and national diversity as well to a diversity for different types of stakeholders. In total, 16

E.U. regulator European Insurance and Occupational Pensions Authority (EIOPA) in July 2018 announced the new composition of its stakeholder groups and in particular, the Occupational Pensions Stakeholder Group (OPSG). The OPSG now includes as many as three representatives from the European Association of Paritarian Institutions (AEIP) and from AEIP’s member organizations: AEIP Secretary General Bruno Gabellieri; Philip Neyt, Chairman of PensioPlus – Belgian Association of Pension Institutions; and Sibylle

Anbang Insurance’s founder and former chairman Wu Xiaohui in May 2018 was sentenced to 18 years in prison after being convicted of fraud in fundraising and of embezzlement by the Shanghai No. 1 Intermediate People’s Court. Anbang’s fast growth was driven by high-yield, investment-type insurance products with redemption options. Its asset management practices may have resulted in a duration mismatch between assets and liabilities. Wu in June 2017 was

New Zealand’s prudential supervisor, the Reserve Bank of New Zealand, in February 2018 placed CBL Insurance under “interim liquidation”. CBL is a P/C insurer specializing in credit surety and financial risk, such as builders risks, sureties, guarantees and contractor bonds. It operates worldwide and in particular in Europe and Scandinavia through an Irish subsidiary, CBL Insurance Europe Designated Activity Company (DAC). It does not underwrite employee benefits or workers’

China’s insurance regulator, the China Insurance Regulatory Commission (CIRC), in February 2018 “temporarily” took over Anbang Insurance Group. Its chairman Wu Xiaohui in June 2017 was detained by authorities and is now facing prosecution on charges including fundraising fraud and embezzlement. Anbang’s growth was driven by high-yield, investment-type insurance products, many of which allowed redemption after as little as two years with little or no penalties. The growth helped fund