Following a review after three years of implementation, the FSB, in consultation with the IAIS, has decided that the Holistic Framework provides a more effective basis for assessing and mitigating systemic risk in the insurance sector than G-SII identification.
The IAIS today published a stocktake report giving insight into the actions IAIS member supervisors, other international organisations and the insurance industry are taking to advance DEI in the insurance sector. The report also describes the IAIS’ intention to maintain its focus on DEI with two new projects in 2023. We will invite industry and […]
Read the latest news from the IAIS. This is the largest issue of the year, including a recap of the AGM and Annual Conference and articles covering the many activities and milestones achieved during the IAIS committee meetings, that took place in Santiago de Chile earlier this month.
As the IAIS’ annual flagship event, the 2022 Annual Conference welcomed over 350 participants from 60 jurisdictions to Santiago de Chile on 10 – 11 November. Panellists and participants engaged in rich conversations, exploring the changing landscape and the role of the insurance sector in meeting emerging economic and social challenges. Diversity, equity and inclusion; […]
We are pleased to announce that the Superintendencia Financiera de Colombia (SFC) has become a member of the IAIS Multilateral Memorandum of Understanding (MMoU) – an international supervisory cooperation and information exchange agreement.
The liquidity metrics will serve as a tool to facilitate the IAIS’ monitoring of the global insurance sector’s liquidity risk and for the IAIS to assess insurers’ liquidity exposure from a macroprudential perspective, which may be critical as insurers have been exposed to liquidity shortfalls in previous crises.
The IAIS is pleased to publish today the Association’s 2021 Financial Report, containing the financial statements of the IAIS for the 12 months from January to December, as well as reports from the Chairs of the Executive Committee, Budget Committee and Audit and Risk Committee.
Following approval by the IAIS Executive Committee at its meeting in Santiago, Chile on 9 November, today we have published an expression of the value we place in DEI, why we consider it essential to the IAIS being able to accomplish its mission effectively, and our plans to keep improving. Read the statement on our […]
The IAIS recognised yesterday its 2022 Distinguished Fellows. Awarded since 2004, Distinguished Fellows recognition honours former IAIS Member representatives for exemplary involvement in IAIS activities as well as outstanding service. The 2022 Distinguished Fellow recipients are: Thomas Schmitz-Lippert, Director-General, International Policy and Financial Stability, BaFIN and Eric Cioppa, formerly Maine Superintendent of Insurance. Both of […]
Update: Virtual attendance now possible – see registration link below. Details for joining virtually will be circulated to registered virtual attendees in advance of the meeting. The IAIS will host an in-person stakeholder meeting on Thursday 15 December 13:30 to 17:00 EST in Tampa, Florida, focusing on topics related to the ICS and the AM […]
