PRP Questionnaire – ICP 16
The assessment questionnaire was developed by the PRP expert team and consisted of 65 questions in total, covering the sixteen standards applicable to ICP 16.
The assessment questionnaire was developed by the PRP expert team and consisted of 65 questions in total, covering the sixteen standards applicable to ICP 16.
This report provides the aggregate assessment results and observations from the IAIS peer review process (PRP) on the topic of “Enterprise Risk Management for Solvency Purposes” covering standards set out in Insurance Core Principle (ICP) 16
as adopted in November 2019.
The IAIS today published its 2024 Roadmap. The Roadmap outlines the projects and activities that form the IAIS’ work programme for 2024, guided by the IAIS’ Strategic Plan 2020-2024.
The IAIS has published a detailed assessment of observance of the IAIS Insurance Core Principles (ICPs) in Albania through its Member Assessment Programme (MAP). The regulatory and supervisory framework of Albania is assessed as having a high level of observance of the ICPs. A large majority of the ICPs are assessed as either Observed or […]
The MAP Albania report is a detailed assessment of regulation and supervision of the insurance sector in Albania. To inform the assessment, meetings were held in Tirana with the Albanian Financial Supervisory Authority, government officials, industry (insurers and intermediaries) and industry associations and professional bodies. The report contains the details of the assessment of the observance levels of the ICPs as well as distinct recommendations to improve observance levels of ICPs. It also includes the authority’s response to the assessment as well as an institutional and market overview. The regulatory and supervisory framework of Albania is assessed as having a high level of observance of the ICPs. A large majority of the ICPs are assessed as either Observed or Largely Observed.
The targeted jurisdictional assessment (TJA) shows an overall consistent and strong implementation of the Holistic Framework standards.
The IAIS today published its 2023-2024 Roadmap. The Roadmap outlines the projects and activities that form the IAIS’ work programme over the next two years, guided by the IAIS’ Strategic Plan 2020-2024.
