Vicky Saporta steps down as IAIS Executive Committee Chair after an eight-year tenure marked by considerable achievements. Shigeru Ariizumi, currently a Vice Chair of the IAIS Executive Committee, will become Chair following the IAIS Annual General Meeting on 9 November 2023.
Basel, Switzerland / Almaty, Kazakhstan – The Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market (ARDFM) has become a member of the International Association of Insurance Supervisors (IAIS) Multilateral Memorandum of Understanding (MMoU) – an international supervisory cooperation and information exchange agreement. “We are pleased to welcome ARDFM as a […]
The GIMAR mid-year update 2023 provides interim results of the 2023 Global Monitoring Exercise and a preview of the themes in scope for collective discussion by insurance supervisors.
We are pleased to announce that the Insurance Commission of The Bahamas has become a member of the IAIS Multilateral Memorandum of Understanding (MMoU) – an international supervisory cooperation and information exchange agreement.
The IAIS has launched a public consultation on the candidate Insurance Capital Standard (ICS) as a prescribed capital requirement (PCR) and on two draft revised Insurance Core Principles (ICPs): ICP 14 (Valuation) and 17 (Capital Adequacy). Comments are invited by 21 September 2023.
This special topic edition, based on data collected through its 2022 Global Monitoring Exercise (GME), focuses on the global cyber insurance market, the cyber resilience of the insurance sector and potential implications for financial stability.
The targeted jurisdictional assessment (TJA) shows an overall consistent and strong implementation of the Holistic Framework standards.
The IAIS has agreed on the criteria that will be used to assess whether the AM provides comparable outcomes to the ICS, following public consultation and the resolution of comments published today.
We are pleased to announce that the Arkansas Insurance Department (AID) has become a member of the IAIS Multilateral Memorandum of Understanding (MMoU) – an international supervisory cooperation and information exchange agreement.
