This joint CGAP-IAIS-UNSGSA paper explores how inclusive insurance contributes to each dimension of financial health and proposes three layers of measurement and the three areas for action on measurement, policy and practice.
This joint CGAP-IAIS-UNSGSA paper explores how inclusive insurance contributes to each dimension of financial health and proposes three layers of measurement and the three areas for action on measurement, policy and practice.
The note outlines how to build a risk-based solvency (RBS) regime using Own Risk and Solvency Assessment (ORSA) as a foundation. It covers ORSA objectives, practices, implementation steps, supervisory insights, challenges, and opportunities for insurers and regulators.
The note explores the implications of IFRS 17 and IFRS 9 on risk-based solvency (RBS) implementation. It covers IFRS adoption, benefits, challenges, accounting policy choices, solvency reporting linkages, and impacts on performance metrics and early warning indicators.
This technical note complements the 2025 technical note (Explanatory text and examples on ICS) by clarifying the Insurance Capital Standard (ICS) Rating Categories (RC) Mapping for the Credit Rating Agencies (CRAs) listed in Table 1, which originated during the monitoring period and was retained at ICS adoption for practical reasons. It also outlines the pathways under the ICS to recognise ratings from other CRAs.
The note takes stock of the evolving cyber insurance landscape, based on desktop reviews and interviews with supervisors, (re)insurers, brokers and other market participants.
The note examines how supervisors identify and allocate human and financial resources, the sufficiency of these resources in meeting current and future demands, and the strategies to allocate them efficiently.
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.
The IAIS and the World Bank Group developed an input paper for the G20 Sustainable Finance Working Group. The paper outlines practical and implementable actions that governments, supervisors, and the insurance industry can take to address the natural catastrophe insurance protection gap.
This document contains examples and explanatory text aimed to facilitate the understanding and implementation of the Insurance Capital Standard (ICS). Its content originates from the 2024 ICS data collection technical specifications, and should be read in conjunction with the ICS Level 1 and Level 2 texts. To facilitate that joint reading, the numbering of sections and subsections of this document follows the same structure as the ICS Level 1 and Level 2 texts.
