The Argentina Superintendency of Insurance reported on a panel at the XXIII ASSAL-IAIS 2025 Conference in Buenos Aires on how the insurance market can contribute to capital market development. Central Bank of the Argentine Republic director Federico Furiase framed insurance as a key player in improving capital efficiency and supporting credit growth and medium-term development, linking sector prospects to the macroeconomic stabilisation process initiated in December 2023. The session, moderated by Superintendent Guillermo Plate, focused on the implications of positive real interest rates and an instrument yield curve that offers returns as an opportunity for insurers. Plate also drew a parallel between the central bank’s role in controlling money issuance and insurance supervision as controlling the issuance of policies that represent risks, underscoring that those policies should be backed by real investments. Other panellists included Wisconsin Insurance Commissioner Nathaniel Houdek, chair of a National Association of Insurance Commissioners committee, and Javier Castillo García, deputy director general for regulation and international relations at Spain’s Directorate-General for Insurance and Pension Funds.
Argentina Superintendency of Insurance 2025-04-11
Argentina Superintendency of Insurance convenes ASSAL-IAIS 2025 panel on insurers’ contribution to capital markets
The Argentina Superintendency of Insurance highlighted the XXIII ASSAL-IAIS 2025 Conference on insurance's role in capital market development. Central Bank director Federico Furiase emphasized insurance's potential in enhancing capital efficiency and credit growth, linking it to macroeconomic stabilization. Superintendent Guillermo Plate noted the importance of real investments backing insurance policies, paralleling central bank monetary controls.