The IAIS will continue to enhance the Holistic Framework, including through its triennial review of its GME assessment methodology and through updates to its supervisory and supporting materials. As part of this commitment, we have published several updates today to further support its implementation.
The ancillary risk indicators in the Global Monitoring Exercise (GME) serve as a tool to facilitate the IAIS’ monitoring of the global insurance sector’s credit risk, derivatives and reinsurance. Additionally, some amendments to the liquidity metrics, specifically to the calculation of the Insurance Liquidity Ratio (ILR), are introduced.
The updated Global Monitoring Exercise (GME) document outlines the objectives and process of the GME. Revisions include an updated methodology for calculating the systemic footprint of individual insurers.
Public consultation feedback is invited by 25 February 2026. The papers are updated versions of the existing Application Papers, reflecting the updated requirements on recovery and resolution in the ICPs and ComFrame, as adopted in December 2024.
The IAIS has launched for public consultation ComFrame material for ICS-related supervisory reporting and public disclosure standards.
The IAIS Annual Conference 2025 took place on 13-14 November in the vibrant city of Tirana, Albania.
The IAIS has published a comprehensive supervisory analysis and agreed on a path forward to respond to potential risks arising from the increasing allocation to alternative assets and adoption of cross-border asset-intensive reinsurance (AIR) by life insurers.
Effective from 1 January 2026, the current MPC, PDC and IAC will be replaced by three new committees.
Toshiyuki Miyoshi, Vice Minister for International Affairs, Financial Services Agency, Japan, has been elected Executive Committee Chair of the IAIS. Shigeru Ariizumi, Special Advisor to the Minister of State for Financial Services, Financial Services Agency, Japan, steps down as IAIS Executive Committee Chair after a two-year term marked by significant achievements. Tirana, Albania – The […]
The IAIS published today the Association’s 2024 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.
