Established in 1994, the IAIS is a voluntary membership organisation of insurance supervisors and regulators from more than 200 jurisdictions, constituting 97% of the world’s insurance premiums. It is the global standard-setting body responsible for developing and assisting in the implementation of principles, standards and guidance as well as supporting material for the supervision of the insurance sector. The IAIS mission is to promote effective and globally consistent supervision of the insurance industry in order to develop and maintain fair, safe and stable insurance markets for the benefit and protection of policyholders; and to contribute to global financial stability.
The IAIS has launched an interactive online tool, providing an easy-to-access compendium of the Insurance Capital Standard (ICS) Level 1 and Level 2 texts, together with explanatory content and examples to help IAIS members navigate the standard and support its implementation. To access the ICS online tool, click here.
The report highlights the resilience of the global insurance sector and examines key sector-wide themes including growth of private credit investments, geoeconomic fragmentation and AI adoption, alongside emerging risks such as climate and cyber risks.
Read the highlights of the IAIS’ work throughout the month of November.
