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18 Nov 2021
IAIS issues Public consultation on the Development of Liquidity Metrics – Phase 2
The IAIS has just launched the public consultation on the Development of Liquidity Metrics – Phase 2, as a part of its process of developing an ancillary indicator for the GME that will serve as a tool to facilitate the IAIS’ monitoring of the global insurance industry’s liquidity risk and for the IAIS to assess […]
16 Nov 2021
IAIS issues statement on the importance of DE&I considerations in insurance supervision
Today the IAIS issued a statement recognising the importance of Diversity, Equity and Inclusion (DE&I) considerations to the objectives of insurance supervision and consequently to the IAIS’ mission. There is growing acknowledgment that advancing DE&I within insurers’ organisations and business models supports sound prudential and consumer outcomes and sustainability objectives. DE&I also touches on several […]
15 Nov 2021
IAIS publishes 2020 Annual Report
Following the Annual General Meeting of Members, the IAIS published today its 2020 Annual Report. Find inside a special focus on how the Association adapted its work programme during the Covid-19 pandemic. In addition to sharing learnings from this unprecedented year of disruption and change, we also look ahead to trends for upcoming work, keeping […]
11 Nov 2021
Application Paper on Combating Money Laundering and Terrorist Financing
This paper provides guidance on money laundering and terrorist financing risks affecting the life insurance sector and proposes measures to mitigate the associated risks.
11 Nov 2021
Application Paper on Supervisory Colleges
This paper describes the processes and practices related to the establishment and functioning of supervisory colleges for insurance groups with cross-border activities. In particular, the paper supports observance of ICP 3 (Information Sharing and Confidentiality Requirements) and ICP 25 (Supervisory Cooperation and Coordination).