The Financial Stability Institute (FSI) and the IAIS today published a joint Insights note on the cyber insurance market. In a more digitalised and interconnected world, cyber risk is increasingly recognised as a significant threat to economic and financial stability. The rapid evolution of cyber threats driven by technological advances, including artificial intelligence (AI), rising […]
The note takes stock of the evolving cyber insurance landscape, based on desktop reviews and interviews with supervisors, (re)insurers, brokers and other market participants.
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.
This Global Insurance Market Report (GIMAR) special topic edition assesses the financial stability implications from natural catastrophe (NatCat) insurance protection gaps, drawing on six detailed case studies to illustrate the diverse impacts of NatCat events on the real economy, financial sector and society.
The paper outlines practical and implementable actions that governments, supervisors, and the insurance industry can take to address the natural catastrophe insurance protection gap.
The IAIS and the World Bank Group developed an input paper for the G20 Sustainable Finance Working Group. The paper outlines practical and implementable actions that governments, supervisors, and the insurance industry can take to address the natural catastrophe insurance protection gap.
The event, hosted during the G20 Finance Ministers and Central Bank Governors (FMCBG) meetings, brought together senior leaders from governments, central banks and supervisors, the private sector, and international organisations to discuss strategies and solutions for addressing the widening NatCat insurance protection gap.
Following consultation in 2024, the IAIS has now published its Application Paper on fair treatment of a wide range of consumers.
