The Actuarial Association of Europe (AAE) is the umbrella organization representing the actuarial profession across Europe. It was established in 1978 under the name ''Groupe Consultatif des Associations d'Actuaires des Pays des Communautés Européennes'' ''(GC),''. The name was later changed to ''Groupe Consultatif Actuariel Européen'' in 2002, and finally to its current name on January 1, 2014.
The AAE provides independent actuarial advice to key institutions of the
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The u ...
– the
Commission
In-Commission or commissioning may refer to:
Business and contracting
* Commission (remuneration), a form of payment to an agent for services rendered
** Commission (art), the purchase or the creation of a piece of art most often on behalf of anot ...
, the
Council of Ministers
Council of Ministers is a traditional name given to the supreme Executive (government), executive organ in some governments. It is usually equivalent to the term Cabinet (government), cabinet. The term Council of State is a similar name that also m ...
, the
European Parliament
The European Parliament (EP) is one of the two legislative bodies of the European Union and one of its seven institutions. Together with the Council of the European Union (known as the Council and informally as the Council of Ministers), it ...
,
EIOPA (European Insurance and Occupational Pensions Authority). Its focus is on technical input and professional insight on issues related to insurance, pensions, risk management, demographics, climate risk, financial regulation, and broader public policy.
As of 2025, the AAE currently has 38 member associations in 37 European countries, representing over 29,000 actuaries. Advice and comments provided by the AAE on behalf of the European actuarial profession are totally independent of industry interests.. The AAE is listed in the EU Transparency Register under number 550855911144-54.
Structure and Activities
The AAE is governed by a General Assembly and a Board, supported by a network of Committees and Subcommittees. These groups focus on specialized areas, including:
* Insurance
* Pensions
* Risk Management
* Professionalism
* Education
* Demographics (formerly Mortality)
* Climate-related and Sustainability Risk
* Data Science and Artificial Intelligence
Its work is powered by volunteers from its member associations, who contribute their expertise to technical discussions, policy recommendations, and regulatory consultations.
The AAE also contributes to the continuing professional development (CPD) of actuaries by offering seminars and webinars. It is actively involved in pan-European events, such as the European Actuarial Day (EAD) and the European Congress of Actuaries (ECA).
Through position papers, public statements, and consultation responses, the AAE provides the actuarial perspective on issues affecting European citizens and institutions.
External Links
* Official website of th
Actuarial Association of Europe
Member associations
There are two categories of Member Associations in the AAE:
Full Member
Situated in a Member State of the EU or another European country and meeting the professionalism criteria defined in Article 5 of the Statutes:
Observer Member
Situated in a Member State of the European Union, or in another European State, but not meeting the criteria for full membership:
*
External links
Official website of the Actuarial Association of Europe
Actuarial associations
Pan-European trade and professional organizations
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