IAIS Newsletter February 2025
Read the latest news from the IAIS. This month we focus on our stakeholders, partners and especially members, with several updates on member activities.
27 Feb 2025
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30 Jan 2025
IAIS Newsletter January 2025
Read the latest news from the IAIS. Looking back, we cover key takeaways from the Annual Conference. Looking ahead, as the IAIS embarks on its new Strategic Plan 2025-2029, we present the Roadmap for the year, outlining key projects and activities for the Association.
27 Jan 2025
IAIS publishes its workplan (Roadmap) outlining key deliverables for 2025-2026
The IAIS today published its Roadmap 2025-2026. The Roadmap outlines the projects and activities that form the IAIS’ work programme, guided by the IAIS Strategic Plan.
12 Dec 2024
Replays and summaries of the IAIS Annual Conference 2024 are now available
The IAIS Annual Conference took place on 5-6 December 2024 in Cape Town, South Africa. The conference brought together over 500 participants from more than 105 jurisdictions and featured an excellent line-up of speakers, engaging panel discussions and interactive roundtables to explore pivotal topics around the theme “licence to operate: the role of insurance to strengthen societal resilience”.
10 Dec 2024
The Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF) joins IAIS cooperation and information exchange agreement
We are pleased to announce that the Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF), Portugal, has become a member of the IAIS Multilateral Memorandum of Understanding (MMoU) – an international supervisory cooperation and information exchange agreement.
5 Dec 2024
IAIS welcomes the release of the FSB’s first list of insurers subject to resolution planning standards consistent with the FSB Key Attributes
The list provides transparency to markets, policyholders and the larger public that the reported insurers and relevant authorities are working to be prepared for the insurers’ entry into resolution if it ever becomes necessary. The IAIS welcomes this publication and coordinates closely with the FSB with respect to resolvability, to support the globally consistent application of the resolution standards.
5 Dec 2024
IAIS adopts Insurance Capital Standard and other enhancements to its global standards to promote a resilient insurance sector
At its AGM today, the IAIS adopted the first comprehensive global capital standard for insurance supervision, the ICS, and also adopted important updates to existing qualitative global standards for insurance supervision, the ICPs and ComFrame, related to climate risk, recovery and resolution, and valuation and capital adequacy.
5 Dec 2024
IAIS publishes 2023 Financial Report
The IAIS published today the Association’s 2023 Financial Report, containing the financial statements of the IAIS for the 12 months from January to December, as well as reports from the Chairs of the Executive Committee, Budget Committee and Audit and Risk Committee.
3 Dec 2024
IAIS Global Insurance Market Report 2024 highlights key risks and trends facing the global insurance sector
The IAIS today published its 2024 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
2 Dec 2024
FSI and IAIS publish joint note on parametric insurance
In a joint note entitled “Uncertain waters: can parametric insurance help bridge NatCat protection gaps?”, staff from the IAIS and BIS’s Financial Stability Institute (FSI) present the results of a study on parametric insurance coverage for natural catastrophe (NatCat) risks, focusing on its design elements.