IAIS Newsletter November 2025
Read the highlights of the IAIS’ work throughout the month of November.
Read the highlights of the IAIS’ work throughout the month of November.
We are pleased to announce that the Spanish Insurance and Pension Funds Authority, the Dirección General de Seguros y Fondos de Pensiones, has become a member of the IAIS Multilateral Memorandum of Understanding (MMoU) – an international supervisory cooperation and information exchange agreement.
The IAIS will continue to enhance the Holistic Framework, including through its triennial review of its GME assessment methodology and through updates to its supervisory and supporting materials. As part of this commitment, we have published several updates today to further support its implementation.
The ancillary risk indicators in the Global Monitoring Exercise (GME) serve as a tool to facilitate the IAIS’ monitoring of the global insurance sector’s credit risk, derivatives and reinsurance. Additionally, some amendments to the liquidity metrics, specifically to the calculation of the Insurance Liquidity Ratio (ILR), are introduced.
The updated Global Monitoring Exercise (GME) document outlines the objectives and process of the GME. Revisions include an updated methodology for calculating the systemic footprint of individual insurers.
Public consultation feedback is invited by 25 February 2026. The papers are updated versions of the existing Application Papers, reflecting the updated requirements on recovery and resolution in the ICPs and ComFrame, as adopted in December 2024.
The IAIS has launched for public consultation ComFrame material for ICS-related supervisory reporting and public disclosure standards.
The IAIS Annual Conference 2025 took place on 13-14 November in the vibrant city of Tirana, Albania.
The IAIS has published a comprehensive supervisory analysis and agreed on a path forward to respond to potential risks arising from the increasing allocation to alternative assets and adoption of cross-border asset-intensive reinsurance (AIR) by life insurers.
Effective from 1 January 2026, the current MPC, PDC and IAC will be replaced by three new committees.
