Public consultation feedback is invited by 27 June 2024 on draft revisions to supervisory material related to the Holistic Framework in ICPs 12 and 16 and related ComFrame standards, including on recovery, resolution and liquidity risk and counterparty risk management.
The IAIS today published its 2023 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 2023 Global Insurance Market Report (GIMAR) presents outcomes of the annual 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.
The targeted jurisdictional assessment (TJA) shows an overall consistent and strong implementation of the Holistic Framework standards.
The IAIS has published its 2022 GIMAR, presenting 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.
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.
The liquidity metrics will serve as a tool to facilitate the IAIS’ monitoring of the global insurance sector’s liquidity risk and for the IAIS to assess insurers’ liquidity exposure from a macroprudential perspective, which may be critical as insurers have been exposed to liquidity shortfalls in previous crises.
This document provides resolutions for the comments received during the public consultation on Phase 2 of the Liquidity Metrics project that the IAIS conducted between 18 November 2021 and 24 January 2022
The Liquidity Metrics serve as an ancillary indicator for the Individual Insurer Monitoring, which is one component of the Global Monitoring Exercise, to facilitate the IAIS’ monitoring of the global insurance sector liquidity risk.
