Background information: The IAIS adopted in November 2019 the Holistic Framework for the assessment and mitigation of systemic risk in the global insurance sector (Holistic Framework) in order to support its mission of effective and globally consistent supervision of the insurance industry to protect policyholders and to contribute to global financial stability. The key elements […]
The IAIS has just launched the public consultation on the Development of Liquidity Metrics – Phase 2, as a part of its process of developing an ancillary indicator for the GME that will serve as a tool to facilitate the IAIS’ monitoring of the global insurance industry’s liquidity risk and for the IAIS to assess […]