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Pedro Bleck da Silva Chairman of AIM WG on Mutuals. EP EMPL Committe hearing Statute for a European Mutual Society 20/06/2012. Mutuals: long history. Deeply rooted in Europe’s Social Systems Solidarity: heart of our welfare systems. Mutual societies.
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Pedro Bleck da Silva Chairman of AIM WG on Mutuals EP EMPL Committe hearingStatute for a European Mutual Society20/06/2012
Mutuals: long history Deeply rooted in Europe’s Social Systems Solidarity: heart of our welfare systems
Mutual societies Person-based societies (no shareholders) Self-governance Not-for-profit organisations Individual application & open enrolment Democratic governance Solidarity In Europe, mutuals within AIM represent more than 160 million persons
Added value & social responsibility of mutuals EP study on mutuals (08/2011): Mutuals play a key role in sustaining social protection systems There is a growing need for economic operators with social responsibility deeply rooted in their organisations
Added value & social responsibility of mutuals EP study on mutuals (08/2011): cushion negative consequences of crisis on citizens stabilization tool in our economies Bring diversification to make the sector more competitive and less risky Crisis represents a unique opportunity to encourage the mutual business model as an alternative to strengthen a sustainable economic and social development in Europe
Mutuals and Europe Has Europe forgotten mutuals? No reference in the Treaties 2009: DIR 2009/138/EC on Solvency II: art. 2012 c (ii) But mutuals need a European statute that allows them to work at an European level
Mutuals and Europe Need for a statute for a European Mutual Society To develop across Europe To benefit of the single market To strengthen the European social model
THANK YOU! EP EMPL Committe hearingStatute for a European Mutual Society