17 Oct 2023 in Latest news

IAIS begins the AM comparability assessment

The IAIS has begun its assessment of whether the Aggregation Method (AM) being developed by the United States provides comparable outcomes to the global Insurance Capital Standard (ICS), and if so, will be considered an outcome-equivalent approach for implementation of the ICS as a prescribed capital requirement (PCR). The assessment is proceeding in line with […]

28 Jun 2023 in Data collection, Latest news

Publication of ICS and AM data collections packages

The 2023 Insurance Capital Standard (ICS) and Aggregation Method (AM) data collection packages are now available on the IAIS website. The 2023 ICS data collection includes both ICS version 2.0 and the candidate ICS as a prescribed capital requirement (PCR), thereby enabling the IAIS to distinguish the impact of policy changes versus changing macroeconomic conditions. […]