This consultation document seeks feedback on a set of proposed ancillary risk indicators to further aid the IAIS assessment of potential systemic risk in the global insurance sector within the Individual Insurers Monitoring component of the Global Monitoring Exercise, one of the key elements of the Holistic Framework for the assessment and mitigation of systemic risk in the insurance sector.
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.
Public consultation feedback is invited by 14 June 2024 on an application paper on the significance of DEI to insurers’ corporate governance (ICP 7), risk management (ICP 8) and corporate culture.
The IAIS is consulting on a draft Application Paper on the supervision of artificial intelligence. Feedback is sought by 17 February.
The IAIS Executive Committee has approved the final version of the global Insurance Capital Standard (ICS) as a prescribed capital requirement for internationally active insurance groups (IAIGs). The IAIS Executive Committee has also finalised the comparability assessment of the United States (US)-developed Aggregation Method (AM), concluding that a US AM provides a basis for implementation […]
Read the latest news from the IAIS. This month, we present a special feature – Ahead of its planned adoption at the December IAIS Annual General Meeting, several members who have long participated in developing the Insurance Capital Standard share their personal highlights and impressions of the years-long effort.
The IAIS has published the aggregate assessment results and observations on the topic of “Enterprise Risk Management for Solvency Purposes”, covering standards set out in Insurance Core Principle (ICP) 16. The peer review process (PRP) assesses the standards which apply to insurance supervision in all jurisdictions regardless of the level of development or sophistication of […]
The IAIS has published its Strategic Plan 2025-2029, articulating the core objectives of the IAIS, identifying a set of strategic themes and setting out operational priorities.
Read the latest news from the IAIS. This month, we focus on Emerging Market and Developing Economy issues, with an exclusive interview with our Executive Committee Vice Chair Siham Ramli (Morocco, ACAPS). You’ll also find details on our work on artificial intelligence and the dates for IAIS milestone events in 2025.
Read the latest news from the IAIS. In July, the IAIS hosted its largest stakeholder event of the year, the Global Seminar, for the first time virtually. This edition shares key takeaways and reflects on proven benefits of this new format and also shares other news from the Basel summer.
