IAIS publishes its Roadmap 2026-2027
- Advancing its work on structural shifts in the life insurance sector, the IAIS will continue to address vulnerabilities and strengthen supervisory practices to mitigate the potential build-up of systemic risks from increased investment in alternative assets and use of asset-intensive reinsurance.
- To enhance societal resilience, the IAIS will assist supervisors with supporting materials and practical guidance related to climate risks and addressing natural catastrophe (NatCat) protection gaps.
- The IAIS will initiate implementation assessments for the Common Framework for the Supervision of Internationally Active Insurance Groups (ComFrame), including the Insurance Capital Standard (ICS), to ensure consistent application of global standards across jurisdictions.
Basel, Switzerland – The International Association of Insurance Supervisors (IAIS) today published its Roadmap 2026-2027, outlining its strategic priorities and workplan for the next two years. Guided by the Strategic Plan 2025-2029, the Roadmap reflects the IAIS’ commitment to addressing structural shifts in the insurance sector, tackling climate-related risks and natural catastrophe (NatCat) protection gaps, adapting to increasing digital innovation and cyber risks and supporting the consistent implementation of global standards.
The Roadmap sets out projects and activities aligned with the IAIS’ four core objectives:
- Monitoring and responding to key risks and trends in the global insurance sector;
- Setting and maintaining globally recognised standards for supervision that are effective and proportionate;
- Supporting members by sharing good supervisory practices, promoting understanding of supervisory issues and facilitating capacity building; and
- Assessing comprehensive and globally consistent implementation of global standards.
“The IAIS Roadmap 2026-2027 demonstrates our continued focus on supporting insurance supervisors in navigating an increasingly complex and evolving global landscape,” said IAIS Executive Committee Chair, Toshiyuki Miyoshi. “From addressing protection gaps and climate risks to successfully implementing key standards like ComFrame, including the ICS, this year’s Roadmap ensures we remain at the forefront of tackling the most pressing challenges facing the global insurance sector.”
A key focus area in 2026 is addressing structural shifts in the life insurance sector. Building on its 2025 Issues Paper, the IAIS will enhance monitoring and provide guidance to help supervisors respond to trends such as the increased investment allocation to alternative assets and the growth of asset-intensive reinsurance, which may carry systemic implications.
The IAIS will also advance its efforts on climate risks and NatCat protection gaps by equipping supervisors with practical guidance on climate metrics, scenario analysis and strategies to narrow protection gaps. These efforts reflect the critical role of insurance in managing climate risks and enhancing societal resilience.
Adapting to digital innovation and cyber risks will remain a key priority, with the IAIS providing a platform for supervisors to share knowledge and updates on emerging digital innovation in the insurance sector, including on artificial intelligence (AI), supervisory technology (SupTech) and operational resilience.
The IAIS will continue assisting emerging market and developing economy (EMDE) jurisdictions by facilitating peer exchange, facilitating capacity-building programmes and developing resources to strengthen supervisory practices.
To support the consistent application of global standards, the IAIS will continue to prioritise implementation assessments over 2026-2027, focusing on ComFrame. This includes launching assessments of the ICS and the qualitative aspects of ComFrame. Additionally, the IAIS will continue to address the diverse needs of its entire membership throughout a variety of other assessment activities.
The Roadmap 2026-2027 reflects the IAIS’ strong commitment to collaborating with its members, implementation partners and stakeholders, as well as other standard-setting bodies and international organisations such as the Financial Stability Board (FSB), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD) and the World Bank.
The full Roadmap 2026-2027, including details on the timing of upcoming consultations, publications and stakeholder engagements, can be found here.
About the IAIS
The IAIS is a global standard-setting body whose objectives are to promote effective and globally consistent supervision of the insurance industry to develop and maintain fair, safe and stable insurance markets for the benefit and protection of policyholders and to contribute to the maintenance of global financial stability. Its membership includes insurance supervisors from more than 200 jurisdictions. Learn more at www.iais.org. Follow us on LinkedIn: IAIS – International Association of Insurance Supervisors.
Media contact:
Melanie Clowes
+41 61 280 8442
press@iais.org
