A plan which should then be extended to the PQROr as industrial Roland Junck has been provenThis singular destiny nothing does the portended a prioriAs the Dalai Lama he travels to the WestCustomer relationship is also on the groundHowever the difficulties in regulating this market are manyOnly the Office of Thrift Savings disappearsI think the exemplarity and joint effortsIn London the FTSE 100 has dwindled by 0 Their failure is ours said Michel PatryThe merger of the Bank and the insurance supervisory authorities may be imminent, time seems to be the last-minute twists. While the order of creation of the supervisory authority (ACP) must be examined today by the Council of Ministers, two independent, but strangely coherent events came gripper yesterday a mechanical and a calendar which appeared well proven. The objective is always the new authority to be operational in mid-February.
The first could not be interpreted as a simple Announces "people", but its scope is actually much higher. The French mutuality and the Gema, underpinning respectively mutual health insurance (38 million of protected persons) and the mutual insurance (insured car in two), have indicated that they had submitted to the Government a joint candidate for the post of Vice-President of the ACP. It's Jean-Luc de Boissieu, "proven professional insurance and former senior official", who is currently Secretary General of the Gema.
This nomination, which deals with the choice of the person who will be assisting the Governor of the France Bank, Christian Noyer, head of the CPA, has therefore compete with that of Jean-Philippe Thierry. The former President of AGF, which comes out of its mandate to the Executive Board of Allianz, was far given as favourite because deemed have support critical for the economy Minister, Christine Lagarde, but also the insurers "capital" of the Federation (FFSA) insurance companies in France. The debate was whether if he could convince the social economy from insurers to pull behind his name ("Les Echos" of December 10). Mutual family therefore implicitly replied in the negative, in favour of another candidate. The outcome of the races should be unveiled soon in the orders of appointment.
Warning of controllers
The second event is also fraught with meaning more than a title. The CMAA, the current prudential assurance authority, is not in favour of a reform that she says, behind the scenes, "do not understand." Via the Union control of assurance (SCA), the Commissioners controllers decided to get out of their legendary reserve "in custody against two aspects of the reform": the alignment of the control of the insurers on the control of banks and the composition of the College of the future ACP. A warning addressed to Bercy, but a few parliamentarians sensitized to these questions, also potentially augurer of possible amendments at the ratification of the order.
On the first point, the SCA is very clear: "To want any force to align the two structures in the mould of the France Bank, is to ignore the specificities of insurance and its control methods", he wrote. In short, there is a real threat to "remove an entity that works well", a leak of the brain drain is also not to exclude. The second ground of apprehension is in reality the choice of the Vice-President of the ACP. "The controllers Commissioners reaffirmed their preference for a Vice Presidency to a senior official," said the SCA. In clear, they don't want an insurer, due to a conflict of interest potentially high risk, in the short term but at the end of the mandate. "The control of the State is to defend the insured, not to defend the insurers", insists the SCA. The emergence of a candidate best matches their expectations fall so steep.
