IAIS outlines actions for insurance supervisors in addressing natural catastrophe protection gaps

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.

6 Nov 2023

6 Nov 2023 in Other supervisory notes and reports

IAIS 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 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.

29 Jun 2023

29 Jun 2023 in Latest news, Public statements

IAIS welcomes finalisation of ISSB disclosure standards

The ISSB disclosure standards will improve the quality and comparability of sustainability and climate risks reporting globally. The IAIS has set up a climate risk disclosures workstream that will study the Climate Related Disclosure Standard closely and take stock of relevant developments in climate risk disclosures. Following this, the IAIS will consider whether further work is needed.

28 Apr 2023

28 Apr 2023 in Latest news, Public statements

The role of supervisors in addressing natural catastrophe protection gaps

The IAIS today published a statement outlining its commitment to further support insurance supervisors’ actions to address protection gaps and highlights the IAIS’ focus areas for 2023.

28 Apr 2023

28 Apr 2023 in Public statements

IAIS statement on natural catastrophe protection gap 2023

5 Apr 2023

5 Apr 2023 in Latest news

New online member training materials available on climate risk

These free materials cover climate scenario analysis as well as broader issues related to the supervision of climate-related risk.

16 Mar 2023

16 Mar 2023 in Application Papers, Consultations, Latest news, Supervisory and supporting material

Public consultation on climate risk supervisory guidance – part one

The IAIS has published a consultation on climate risk, first of a package of three consultations, aimed at promoting a globally consistent supervisory approach to address climate-related risks in the insurance sector. Comments are invited by 16 May 2023.

16 Mar 2023

16 Mar 2023 in Supervisory and supporting material

Climate risk supervisory guidance – part one

15 Dec 2022

15 Dec 2022 in Global Insurance Market Report (GIMAR)

Global Insurance Market Report 2022

The 2022 Global Insurance Market Report (GIMAR) presents outcomes of the Global Monitoring Exercise (GME), the IAIS’ framework for monitoring risks and trends in the global insurance sector and assessing the possible build-up of systemic risk.

26 Oct 2022

26 Oct 2022 in Application Papers, Supervisory and supporting material, Translations

Arabic translation of 2021 Application Paper on the Supervision of Climate-related Risks in the Insurance Sector