The ISSB disclosure standards will improve the quality and comparability of sustainability and climate risks reporting globally. The IAIS has set up a climate risk disclosures workstream that will study the Climate Related Disclosure Standard closely and take stock of relevant developments in climate risk disclosures. Following this, the IAIS will consider whether further work is needed.
The IAIS today published a statement outlining its commitment to further support insurance supervisors’ actions to address protection gaps and highlights the IAIS’ focus areas for 2023.
This statement outlines IAIS’ commitment to further support insurance supervisors’ actions to address protection gaps and highlights the IAIS’ focus areas for 2023.
These free materials cover climate scenario analysis as well as broader issues related to the supervision of climate-related risk.
The IAIS has published a consultation on climate risk, first of a package of three consultations, aimed at promoting a globally consistent supervisory approach to address climate-related risks in the insurance sector. Comments are invited by 16 May 2023.
The 2022 Global Insurance Market Report (GIMAR) presents outcomes of the Global Monitoring Exercise (GME), the IAIS’ framework for monitoring risks and trends in the global insurance sector and assessing the possible build-up of systemic risk.
The IAIS has welcomed the moves by the International Sustainability Standards Board to create a global standard for disclosures of climate-related financial risks.
The IAIS has welcomed the moves by the International Sustainability Standards Board to create a global standard for disclosures of climate-related financial risks.
