WHAT IS AIDA Michael Gill President of AIDA

WHAT IS AIDA? Michael Gill, President of AIDA August 2010

Introduction AIDA is the acronym from it’s name in French AIDA’s Constitution (or By-Laws) comprises 17 articles written in the five official languages: English French Spanish Italian German Adopted in Copenhagen 21 June 1990; amended in Sydney in August 1994 2

AIDA’s objectives Non-profit association Unlimited duration Promotion and development of collaboration between its world-wide members To increase the study and knowledge of insurance law Focus is on both national and international insurance law 3

The History Founded in Luxembourg on 28 April 1960 First Presidents were Donati and Moller First National Chapter in Italy on 19 th May 1960 First World Congress in Rome in April 1962 1, 000 delegates from more than 50 countries 4

The History Donati on World Congresses 'Considering the large attendance at this Congress and therefore the presence of scholars of such different origins, it is necessary to reach an understanding on questions of principal, on broad trends and on overall architectural lines rather than particular issues. ' 5

The History The Rome Congress 1962 The three themes were: The juridical concept of insurance; The functions and scope of private insurance and social security; and The state control of insurance 6

The History Hamburg Congress 1966 Marked the first time that the report and debates on the major themes were based on reports from National Chapters The themes were of more direct importance to specific countries but included: State intervention for insurance companies in difficulty; Reducing the costs of civil liability insurance; and The effect of the policy holders' behaviour on contractual guarantees 7

The History Sydney 1994 Marrakesh 1998 New York 2002 Buenos Aires 2006 Paris 2010 Rome/Florence 2014 Rio de Janiero 2018 8

AIDA’s Organs National Chapters The General Assembly The Presidential Council The Executive Committee Working Parties Regional Groups 9

National Chapters Argentina El Salvador Kazakhstan Russia Australia Estonia South Korea Serbia Austria Finland D. P. R. Korea Singapore Belgium France Lebanon Slovakia Bolivia Germany Luxembourg Slovenia Brazil Greece Mexico South Africa Bulgaria Guatemala Morocco Spain Canada Honduras Netherlands Sweden Chile Hong Kong New Zealand Switzerland Republic of China Hungary Norway Tunisia Colombia Iceland Paraguay Turkey Costa Rica Indonesia Peru United Kingdom Czech Republic Israel Poland Uruguay Denmark Italy Portugal USA Ecuador Japan Romania Venezuela 10

National Chapters 11

The Presidential Council Meets twice a year Office Bearers: President Four Vice Presidents Treasurer Secreteriat Up to 25 elected members Honorary members Responsible between meetings of General Assembly for operation of AIDA 12

The Executive Committee Office Bearers Runs the show between meetings of the Presidential Council Vice President portfolios: Working Parties Scientific Council Website World Congresses 13

Working Parties Accumulation of Claims Subrogation Marine Insurance Civil Liability Motor Insurance Climate Change New Technologies, Prevention and Insurance Consumer Protection and Dispute Resolution Reinsurance Distribution of Insurance State Supervision and Insurance Life, Pension and Collective Insurance Transport and Insurance 14

Motor Insurance Working Party Presentation of world-wide study on the national characteristics of motor vehicle third party liability insurance International study of market practice regarding motor insurance both as regards cover and indemnity procedures First results from the new study of an international comparison of victims’ protection 15

Reinsurance Working Party Duties owed by producing and placing brokers of reinsurance agreements Conflicts of interest ‘Reinsurance Snakes & Ladders’ International round table of local jurisdiction reinsurance topics 16

Marine Insurance Working Party Compulsory marine insurance as required by the various international conventions Responses to the questionnaires AIDA Europe Amsterdam 2011 – Joint meeting with Distribution of Insurance Working Party on marine insurance brokers 17

Distribution of Insurance Working Party Conflicts issues for insurance intermediaries Proposals for government 18

Life, Pensions and Collective Insurance Working Party Focus was on collective insurance The obligation to inform the insurance beneficiary Whose obligation? 19

New Technologies, Prevention and Insurance Working Party Genetic engineering and nano-technology were the focus Specific topics included: Opportunities and risks; Adequacy of existing legal regulation; and Impact of these emerging risks on insurance, especially liability insurance 20

Regional Groups CILA (Ibero-Latin American Committee of AIDA) AIDA Europe AIDA Asia-Pacific ? 21

World Congress Every four years Two or three themes: Host Chapter and Presidential Council General Reporters Presentations Working Party meetings General Assembly, Presidential Council and Executive meetings Regional Group meetings The social side 22

Objectives for my Presidency Scientific Work Asia-Pacific Website North America 23

Learning from each other The exchange of information and experience What we do and how we do it 24

Conclusion Those of us who have a passion for good law and a liking for the many challenges presented by the world of insurance need no convincing about the value of an organisation such as AIDA. 25