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2 Nov 2024
The IAIS publishes Application Paper on the supervision of artificial intelligence
The paper was finalised following public consultation in early 2025, and reinforces the importance of the Insurance Core Principles (ICPs), outlining how existing expectations around governance and conduct remain essential considerations for supervisors and insurers using AI.
2 Nov 2024
Public consultation on draft Application Paper on the supervision of artificial intelligence
The IAIS is consulting on a draft Application Paper on the supervision of artificial intelligence. Feedback is sought by 17 February.
7 Dec 2023
Update on IAIS work on artificial intelligence and machine learning in insurance
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 […]
7 Dec 2023
Regulation and supervision of AI/ML – a thematic review
This is a short summary of the thematic review undertaken by the FinTech Forum on existing guidance on artificial intelligence/machine learning and model risk management from 12 supervisory authorities and international organisations.
23 May 2023
IAIS publishes Issues Paper on Insurance Sector Operational Resilience
The IAIS has now published its Issues Paper on Insurance Sector Operational Resilience, which identifies issues impacting operational resilience in the insurance sector and provides examples of how supervisors are approaching these developments, with consideration of lessons learnt during the Covid-19 pandemic. Recognising that operational resilience is a broad and evolving area, the paper addresses […]