Following consultation between February and April 2023, the IAIS has now published its Issues Paper on roles and functioning of policyholder protection schemes (PPSs). The paper provides an updated overview of global practices regarding PPSs and their roles in insurance resolution and a variety of related activities. It also describes current practices for PPSs and […]
Today, the IAIS issued a short summary of its ongoing efforts in the area of the adoption of artificial intelligence and machine learning (AI/ML) in the insurance sector. In view of the rapid advancements in AI/ML technologies, in 2023 the IAIS FinTech Forum conducted a thematic review of existing guidance on AI/ML and model risk […]
The IAIS today published its 2023 Global Insurance Market Report (GIMAR), sharing the outcomes of this year’s Global Monitoring Exercise (GME), the IAIS’ risk assessment framework to monitor key risks and trends and detect the potential build-up of systemic risk in the global insurance sector.
The International Association of Insurance Supervisors is looking for a Senior Policy Advisor – Stakeholder Management and Outreach. Applications can be submitted until 8 January 2024.
The International Association of Insurance Supervisors (IAIS) has submitted a comment letter to the International Auditing and Assurance Standards Board (IAASB) on its proposed International Standard on Sustainability Assurance (ISSA) 5000 – General Requirements for Sustainability Assurance Engagements. The IAIS recognises that sustainability reporting is rapidly becoming a topic of global importance and that its […]
Read the latest news from the IAIS. The November newsletter provides a look back at the Annual Conference and highlights the many additional initiatives completed this month.
Following public consultation, the IAIS has published its updated Stakeholder Engagement and Consultation Policy to guide IAIS’ engagement with stakeholders and support the IAIS’ work as a global standard setter.
The IAIS has published a second public consultation on climate risk, aimed at promoting a globally consistent supervisory approach to address issues relating to market conduct and scenario analysis in the insurance sector. Comments are invited by 23 February 2024.
Last week, the 2023 IAIS Annual Conference welcomed over 400 participants from 100 jurisdictions to Tokyo, Japan. We encourage you to explore our event page for an in-depth look at the insights shared during the conference, including summaries of the sessions, video replays and images.
We are pleased to announce that the International Financial Services Centres Authority (IFSCA) has become a member of the IAIS Multilateral Memorandum of Understanding (MMoU) – an international supervisory cooperation and information exchange agreement.
