Public consultation of the review of the IIM assessment methodology

Background information

The IAIS continues to enhance the Holistic Framework for systemic risk in insurance, including through its triannual review of the risk assessment in the Global Monitoring Exercise.

In support of this effort, the IAIS conducted a public consultation seeking input on the individual insurer monitoring (IIM) assessment methodology used to calculate individual insurers’ systemic risk scores. The objective of this public consultation was to seek stakeholder input on the review of the IIM assessment methodology for the next three-year cycle of application.  Input received is considered in the finalisation of the IIM assessment methodology and will be reflected in an updated GME document which will be published in 2023.

The consultation is now closed. The input was invited by 6 February 2023 24.00 (Basel time).

A public background session was held via webinar on 10 January 2023 at 13:00 – 15:00 CET to present the consultation paper and the publication on the liquidity metrics.