Allianz CFO to head Ecofin Insurance Europe

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Dieter Wemmer, chief financial officer at Allianz Group has been elected chairman of the Economic & Finance Committee (Ecofin) of Insurance Europe.

The industry association oversees regulatory, accounting and investment issues for European Insurers.

The appointment comes ahead of the planned finalisation and implementation of Solvency II in2016, which is set to introduce material changes to the legal context for European insurers.

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