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13 Feb 2023
13 Feb 2023
in closed consultations, Consultations, Issues Papers, Latest news, Supervisory and supporting material
Public Consultation on Issues Paper on roles and functioning of policyholder protection schemes (PPSs)
The IAIS has published for consultation its Issues Paper on roles and functioning of Policyholder Protection Schemes (PPSs). The Paper describes current practices for PPSs and is intended to serve as a guide for jurisdictions considering establishing a PPS or modifying an existing PPS. Comments are due by 14 April 2023.
18 Jan 2023
18 Jan 2023
in closed consultations, Consultations, Issues Papers, Supervisory and supporting material
Public Consultation on Issues Paper on Insurance Sector Operational Resilience
The IAIS has just launched the public consultation on the Issues Paper on Insurance Sector Operational Resilience. The paper identifies issues impacting operational resilience in the insurance sector, with a focus on cyber resilience, third-party outsourcing and business continuity management.
9 Dec 2022
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’ […]
18 Nov 2022
Resolution of comments for the Public Consultation on Liquidity Metrics – Phase 2
This document provides resolutions for the comments received during the public consultation on Phase 2 of the Liquidity Metrics project that the IAIS conducted between 18 November 2021 and 24 January 2022
13 Oct 2022
13 Oct 2022
in closed consultations, Consultations, Issues Papers, Latest news, Supervisory and supporting material
Public Consultation on Issues Paper on Insurance Sector Operational Resilience
The IAIS has just launched the public consultation on the Issues Paper on Insurance Sector Operational Resilience. The paper identifies issues impacting operational resilience in the insurance sector, with a focus on cyber resilience, third-party outsourcing and business continuity management.
15 Jun 2022
Public consultation on draft criteria that will be used to assess whether the Aggregation Method provides comparable outcomes to the Insurance Capital Standard
Background information: In November 2017, the IAIS set out an agreement on the implementation of Insurance Capital Standard (ICS) Version 2.0, including a unified path to convergence of group capital standards in furtherance of its ultimate goal of a single ICS that achieves comparable outcomes across jurisdictions. The agreement acknowledges the development by the United States of […]
18 Nov 2021
Public Consultation on the Development of Liquidity Metrics: Phase 2
Background information: The IAIS adopted in November 2019 the Holistic Framework for the assessment and mitigation of systemic risk in the global insurance sector (Holistic Framework) in order to support its mission of effective and globally consistent supervision of the insurance industry to protect policyholders and to contribute to global financial stability. The key elements […]