The IAIS has just launched the public consultation on the Development of Liquidity Metrics – Phase 2, as a part of its process of developing an ancillary indicator for the GME that will serve as a tool to facilitate the IAIS’ monitoring of the global insurance industry’s liquidity risk and for the IAIS to assess […]
The paper provides further guidance on the supervisory material related to macroprudential supervision in Insurance Core Principle (ICP) 24, which was revised as part of the Holistic Framework.
The paper provides guidance for supervisors and resolution authorities in implementing a resolution framework, including setting up powers, planning for resolution and issues around coordination and cooperation. The paper is part of a broader project to help insurance supervisors and resolution authorities apply the standards on recovery and resolution in the ICPs and ComFrame.