We are pleased to announce that the Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF), Portugal, has become a member of the IAIS Multilateral Memorandum of Understanding (MMoU) – an international supervisory cooperation and information exchange agreement.
At its AGM today, the IAIS adopted the first comprehensive global capital standard for insurance supervision, the ICS, and also adopted important updates to existing qualitative global standards for insurance supervision, the ICPs and ComFrame, related to climate risk, recovery and resolution, and valuation and capital adequacy.
The IAIS today published its 2024 Global Insurance Market Report (GIMAR), sharing the outcomes of this year’s Global Monitoring Exercise (GME), the IAIS’ risk assessment framework to monitor key risks and trends and detect the potential build-up of systemic risk in the global insurance sector
The IAIS Executive Committee has approved the final version of the global Insurance Capital Standard (ICS) as a prescribed capital requirement for internationally active insurance groups (IAIGs). The IAIS Executive Committee has also finalised the comparability assessment of the United States (US)-developed Aggregation Method (AM), concluding that a US AM provides a basis for implementation […]
The IAIS has published its Strategic Plan 2025-2029, articulating the core objectives of the IAIS, identifying a set of strategic themes and setting out operational priorities.
The GIMAR mid-year update 2024 provides interim results of the 2024 Global Monitoring Exercise and a preview of the themes in scope for collective discussion by insurance supervisors.
