The IAIS has published for consultation its Issues Paper on roles and functioning of Policyholder Protection Schemes (PPSs). The Paper describes current practices for PPSs and is intended to serve as a guide for jurisdictions considering establishing a PPS or modifying an existing PPS. Comments are due by 14 April 2023.
The IAIS has just launched the public consultation on the Issues Paper on Insurance Sector Operational Resilience. The paper identifies issues impacting operational resilience in the insurance sector, with a focus on cyber resilience, third-party outsourcing and business continuity management.
The IAIS has just launched the public consultation on the Issues Paper on Insurance Sector Operational Resilience. The paper identifies issues impacting operational resilience in the insurance sector, with a focus on cyber resilience, third-party outsourcing and business continuity management.
As part of a broader set of lessons learnt from Covid-19, the International Association of Insurance Supervisors (IAIS) and Access to Insurance Initiative (A2ii) have jointly published a note examining the role insurance supervisors could play in the design, development and implementation of insurance-based programmes for pandemic risk. The note considers key characteristics of proposals […]
The IAIS and A2ii have published a joint note focusing on the role of supervisors in the design, development and implementation of insurance-based programmes to address pandemic protection gaps, and outlining the role that supervisors can play as future initiatives are developed.