The updated Global Monitoring Exercise (GME) document outlines the objectives and process of the GME. Revisions include an updated methodology for calculating the systemic footprint of individual insurers.
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 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 report highlights the role of insurance in mitigating economic and societal impacts of NatCat events and assesses how widening protection gaps could increase financial stability risks.
