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.
The IAIS published today the Association’s 2022 Financial Report, containing the financial statements of the IAIS for the 12 months from January to December, as well as reports from the Chairs of the Executive Committee, Budget Committee and Audit and Risk Committee.
The IAIS has published its report: A call to action: the role of insurance supervisors in addressing natural catastrophe protection gaps. The report outlines five significant areas where supervisors can help address the NatCat protection gaps, underpinned by examples of action already underway by IAIS members. The report provides a basis for further engagement amongst insurance supervisors and stakeholders and outlines concrete follow-on actions.
Read the latest news from the IAIS. As we approach the 2023 Annual Conference, the October edition of our newsletter covers several important developments for the Association.
We are pleased to announce that the Australian Securities and Investments Commission (ASIC) has become a member of the IAIS Multilateral Memorandum of Understanding (MMoU) – an international supervisory cooperation and information exchange agreement.
Vicky Saporta steps down as IAIS Executive Committee Chair after an eight-year tenure marked by considerable achievements. Shigeru Ariizumi, currently a Vice Chair of the IAIS Executive Committee, will become Chair following the IAIS Annual General Meeting on 9 November 2023.
The IAIS has begun its assessment of whether the Aggregation Method (AM) being developed by the United States provides comparable outcomes to the global Insurance Capital Standard (ICS), and if so, will be considered an outcome-equivalent approach for implementation of the ICS as a prescribed capital requirement (PCR). The assessment is proceeding in line with […]
