This work, under the Italian Presidency, emphasises the crucial role of insurance, insurance supervisors and governments in addressing the financial impacts of natural hazards.
Today, the IAIS issued a short summary of its ongoing efforts in the area of the adoption of artificial intelligence and machine learning (AI/ML) in the insurance sector. In view of the rapid advancements in AI/ML technologies, in 2023 the IAIS FinTech Forum conducted a thematic review of existing guidance on AI/ML and model risk […]
This is a short summary of the thematic review undertaken by the FinTech Forum on existing guidance on artificial intelligence/machine learning and model risk management from 12 supervisory authorities and international organisations.
The IAIS has published its report: A call to action: the role of insurance supervisors in addressing natural catastrophe protection gaps. The report outlines five significant areas where supervisors can help address the NatCat protection gaps, underpinned by examples of action already underway by IAIS members. The report provides a basis for further engagement amongst insurance supervisors and stakeholders and outlines concrete follow-on actions.
The report outlines five significant areas where supervisors can help narrow the NatCat protection gaps, underpinned by examples of action already underway by IAIS members. The report provides a basis for further engagement amongst insurance supervisors and stakeholders and outlines concrete follow-on actions.
This is an un-official Spanish translation of the stocktake report that was originally published in December 2022.
Today, the IAIS issued two publications showcasing work on digital innovation: An IAIS Report on FinTech developments in the insurance sector and a Joint Note with the A2ii and the FSI on the role of supervisory technology (SupTech) in insurance supervision
This note aims to contribute to the understanding of the role of supervisory technology (suptech), by citing concrete examples of how suptech tools are used by insurance supervisors, both from prudential and conduct perspectives.
