The paper was finalised following public consultation in early 2025, and reinforces the importance of the Insurance Core Principles (ICPs), outlining how existing expectations around governance and conduct remain essential considerations for supervisors and insurers using AI.
The Application Paper reinforces the importance of the Insurance Core Principles (ICPs), outlining how existing expectations around governance and conduct remain essential considerations for insurers using artificial intelligence.
Public consultation feedback is invited by 29 September 2025. The paper includes objectives and a toolkit to promote insurance sector operational resilience.
The Application Paper provides a high-level framework together with practical examples to meet the Insurance Core Principles related to operational resilience.
The Application Paper was developed following extensive stakeholder and member engagement including four public consultations. The paper will support supervisors in effectively integrating climate-related risk into their supervisory practices to strengthen the resilience of the global insurance sector.
The Application Paper provides a comprehensive overview of how the IAIS’ Insurance Core Principles (ICPs) can be applied to address the growing risks from climate-related risks.
Following consultation between March and June 2024, the IAIS has now published its Application Paper on supervising diversity, equity and inclusion – the governance, risk management and culture perspective.
Full details on the paper, the public consultation comments received and the IAIS’ responses are available on this page.
The IAIS is continuing to review public consultation comments received more recently on the draft Application Paper on how to achieve fair treatment for diverse consumers and anticipates publishing the final paper in mid-2025.
The IAIS’ work on diversity, equity and inclusion will form part of discussions at the IAIS Annual Conference 2024 on 5-6 December in Cape Town, South Africa.
