Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-12-Speech-3-279-000"

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"Madam President, I am standing in for Mr Skinner, the rapporteur, who has asked me to express his apologies for not being present at today’s debate. He would have liked to be here, and has asked me to speak on his behalf. Firstly, and on his behalf, I should like to thank all the shadow rapporteurs for their outstanding spirit of cooperation and the hard work they put into the report presented today. The report on insurance guarantee schemes responds to the need to make certain that insured parties are protected against the possible insolvency of their insurance company, regardless of where their policy was taken out. The guarantee systems currently in place in the Member States contain differing elements that reflect the respective national markets. The report supports a minimum level of harmonisation that responds to the diversity of systems in the different Member States. The report calls on the Commission to come forward with a cross-border standardisation directive that is consistent with the ‘home’ country principle and which provides a consistent level of protection for consumers with regard to the different types of insurance products. It also calls on the Commission to carry out detailed impact assessments and public consultations on the inclusion of different types of insurance, in order to establish a level playing field between European insurance markets. In addition, the report asks the Commission to establish a single model for insurance company funding of the protection systems in place for insured parties in case of insolvency. We welcome the Commission’s statement that it will draw up draft proposals in this area. Mr Skinner also asked me to express his commitment to working with the same spirit of cooperation on other insurance legislation that is currently being processed in the European Parliament."@en1
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