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

9 Dec 2022 in Consultations, Data collection

Public Consultation on the review of the Individual Insurer Monitoring (IIM) Assessment Methodology

9 Dec 2022

9 Dec 2022 in closed consultations, Consultations

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

18 Nov 2022 in Consultations, Latest news

IAIS finalises liquidity metrics as an ancillary indicator for its Global Monitoring Exercise

The liquidity metrics will serve as a tool to facilitate the IAIS’ monitoring of the global insurance sector’s liquidity risk and for the IAIS to assess insurers’ liquidity exposure from a macroprudential perspective, which may be critical as insurers have been exposed to liquidity shortfalls in previous crises.