Karel van Hulle is Professor at the Catholic University of Leuven (KU Leuven) in Belgium where he teaches "Solvency for Financial Institutions" at the Business Faculty. He is a member of the Board of Directors of the International Centre for Insurance Regulation at the J.W. Goethe University in Frankfurt am Main.
He currently serves as Head of Unit at the European Commission (Directorate-General “Internal Market and Services”), which he joined in 1984 after spending 8 years with the Belgian Banking Commission, where he worked in the legal department and served as the first secretary of the Belgian Accounting Standards Committee.
At the European Commission, he is subsequently Head of Unit for Accounting Standards, Head of Unit for Financial Reporting and Company Law and Head of Unit for Accounting and Auditing.
In November 2004, he was appointed as Head of the Insurance and Pensions Unit. His main responsibility was the preparation of a new solvency regime for insurance and reinsurance companies (Solvency II). Other areas of work included life and non-life insurance, reinsurance, insurance mediation, motor insurance, insurance guarantee schemes and pension funds. He has represented the European Commission within the European Insurance and Pensions Authority (EIOPA) and within the Technical Committee of the International Association of Insurance Supervisors (IAIS).
Professor van Hulle has been the author and co-author of many books and articles in the areas of accounting, auditing, company law and insurance. He has been a speaker at many conferences both in Europe and internationally.