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 now published its Issues Paper on Insurance Sector Operational Resilience, which identifies issues impacting operational resilience in the insurance sector and provides examples of how supervisors are approaching these developments, with consideration of lessons learnt during the Covid-19 pandemic. Recognising that operational resilience is a broad and evolving area, the paper addresses […]
This special topic edition, based on data collected through its 2022 Global Monitoring Exercise (GME), focuses on the global cyber insurance market, the cyber resilience of the insurance sector and potential implications for financial stability.
This Global Insurance Market Report (GIMAR) special topic edition focuses on the cyber insurance market and the cyber resilience of the global insurance sector.
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.
This report presents the high-level findings of a deep-dive assessment into fintech developments and their role in insurance. Topics covered include open data, distributed ledger technology and artificial intelligence.
