IAIS Global Seminar 2025
The IAIS welcomed over 1,000 participants during its virtual Global Seminar 2025. The event commenced with the Executive Committee leadership dialogue, where IAIS leadership shared updates about our ambitious work programme and future plans, including how the IAIS is supporting members to respond to challenges and opportunities in a period characterised by ever more rapid change.
Three committee chair engagement sessions dove deeper into the work of the IAIS committees and highlighted current and planned projects, providing an opportunity to engage on topical issues. Two expert panel discussions covered the risks in the global insurance sector and how stakeholders can work together to address natural catastrophe (NatCat) protection gaps.
The Global Seminar provided an opportunity to discuss key issues front of mind for the global insurance sector and supervisory community. We invite you to explore these discussions and watch the replays below.
Sessions
IAIS Leadership dialogue
Executive Committee Chair Shigeru Ariizumi opened the Executive Committee Leadership Dialogue. In his remarks, he outlined that 2025 marks a significant milestone for the IAIS.
Following an intensive period of standard setting, the IAIS now embarks on a new chapter one that prioritises the consistent and effective implementation of the standards we agreed. This includes the timely and coordinated implementation of the Insurance Capital Standard (ICS). Executive Committee Chair Shigeru Ariizumi provided an update on the ICS implementation assessment methodology and timeline. He also outlined how the IAIS continues to proactively address emerging risks and strengthen global collaboration as key focus areas for this year.
During the leadership dialogue that followed, Executive Committee leadership updated on the IAIS’ ambitious work programme, and highlighted current and future projects.
Leadership covered issues such as how does the IAIS ensure its work remains relevant and responsive to a rapidly changing global landscape, and what were some of the biggest challenges and opportunities supervisors would face over the next decade.
The pressing issue of addressing natural catastrophe (NatCat) was also discussed. The IAIS has put considerable effort into bringing this issue to the global policy space, most recently, the IAIS has contributed to an Input Paper, together with the World Bank, to the G20 Sustainable Finance Working Group (SFWG), under the South African Presidency, reflecting the growing urgency to address insurance protection gaps on the global policy agenda and commitment of the IAIS to provide leadership on this issue.
IAIS leadership also took a range of questions from stakeholders on issues including on how the IAIS plans to ensure that future updates to ICPs balance effective supervision with the need to streamline regulation, climate related risks and consumer concerns, the important role of actuaries in working to address protection gaps, consumer risks associated with the digitalisation of financial services and expansion of AI as well as climate risk.
Shigeru Ariizumi – Chair, IAIS Executive Committee and Vice Minister for International Affairs, Financial Services Agency of Japan
Petra Hielkema – Vice Chair, IAIS Executive Committee and FinTech Champion and Chair, European Insurance and Occupational Pensions Authority
Andrew N. Mais – Vice Chair, IAIS Executive Committee and Commissioner, Connecticut Insurance Department and
NAIC Past President
Siham Ramli – Vice Chair, IAIS Executive Committee and Director of Communication and International Relations, Autorité de Contrôle des Assurances et de la Prévoyance Sociale, Morocco
The session was moderated by Jonathan Dixon, IAIS Secretary General.
Macroprudential Committee Chair engagement session
IAIS Macroprudential Committee (MPC) Chair Dieter Hendrickx presented the current and upcoming projects for MPC.
View the MPC presentation.
Dieter Hendrickx – Chair, IAIS Macroprudential Committee and Head, Prudential Policy Insurance, National Bank of Belgium (NBB)
The session was moderated by Romain Paserot, IAIS Deputy Secretary General and Head of Capital and Financial Stability.
Policy Development Committee Chair engagement session
IAIS Policy Development Committee (PDC) Chair Matt Walker presented the current and upcoming projects for PDC.
View the PDC presentation.
Matt Walker – Chair, IAIS Policy Development Committee and Manager, Insurance Supervision and Regulation Section, Federal Reserve Board (FRB) of the United States
The session was moderated by Hanne van Voorden, IAIS Head of Supervisory Practices and Operations.
Implementation and Assessment Committee Chair engagement session
IAIS Implementation and Assessment Committee (IAC) Chair Peter Braumüller presented the current and upcoming projects for IAC.
View the IAC presentation.
Peter Braumüller – Chair, IAIS Implementation and Assessment Committee and Managing Director, Insurance and Pension Supervision, Austrian Financial Market Authority (FMA)
The session was moderated by Jonathan Dixon, IAIS Secretary General.
Risks in the insurance sector
This panel discussed the key risks facing the insurance sector and the necessary responses to these risk from insurers and the supervisory community.
Simon Harris – Managing Director, Moody’s
Alison Martin – CEO EMEA and Bank Distribution, Zurich Insurance Group
Gareth Truran – Executive Director for Insurance Supervision, Prudential Regulation Authority UK
The session was moderated by Dieter Hendrickx – Chair, IAIS Macroprudential Committee and Head, Prudential Policy Insurance, National Bank of Belgium.
Natural catastrophe protection gaps
With increasing severity and frequency of natural catastrophes, this panel covered the issue of widening protection gaps. The panel reviewed underlying vulnerabilities and exposures, as well as elaborate what role the insurance sector, supervisors and other stakeholders hold in addressing these gaps, highlighting successful examples of public-private initiatives.
Jérôme Haegeli – Group Chief Economist, Swiss Re and Head, Swiss Re Institute
Kamal Kishore – Special Representative, United Nations Secretary-General for Disaster Risk Reduction and Head, United Nations Office for Disaster Risk Reduction
Hon. Ryan Ricardo Straughn, M.P. – Minister in the Ministry of Finance and Economic Affairs, Barbados
Niraj Verma – Acting Global Director, Finance in the Finance, Competitiveness and Investment Global Practice, World Bank
The session was moderated by Petra Hielkema, IAIS Executive Committee Vice Chair and Fintech Champion (EIOPA).
Speakers
Chair, IAIS Executive Committee and Vice Minister for International Affairs, Financial Services Agency of Japan
Chair, IAIS Implementation and Assessment Committee and Managing Director, Insurance and Pension Supervision, Austrian Financial Market Authority
IAIS Secretary General
Group Chief Economist, Swiss Re and Head, Swiss Re Institute
Managing Director, Moody’s
Chair, IAIS Macroprudential Committee and Head, Prudential Policy Insurance, National Bank of Belgium
Vice Chair, IAIS Executive Committee and FinTech Champion and Chair, European Insurance and Occupational Pensions Authority
Special Representative, United Nations Secretary-General for Disaster Risk Reduction and Head, United Nations Office for Disaster Risk Reduction (UNDRR)
Vice Chair, IAIS Executive Committee and Commissioner, Connecticut Insurance Department and
NAIC Past President
CEO EMEA and Bank Distribution, Zurich Insurance Group
IAIS Deputy Secretary General and Head of Capital and Financial Stability
Vice Chair, IAIS Executive Committee and Director of Communication and International Relations, Autorité de Contrôle des Assurances et de la Prévoyance Sociale Morocco
Hon. Ryan Ricardo Straughn, M.P.
Minister in the Ministry of Finance and Economic Affairs, Barbados
Executive Director for Insurance Supervision, Prudential Regulation Authority UK
Acting Global Director, Finance in the Finance, Competitiveness and Investment Global Practice, World Bank
IAIS Head of Supervisory Practices and Operations
Chair, IAIS Policy Development Committee and Manager, Insurance Supervision and Regulation Section, Federal Reserve Board of the United States
