iaisweb.orgInternational Association of Insurance Supervisors

CONTACT USER PORTAL Linkedin YouTube USER PORTAL About the IAIS Organisation What we do IAIS Secretariat Organisational structure Strategic Plan and Roadmap Annual reports Diversity, Equity and Inclusion at the IAIS Policies and Procedures Recruitment Members and Partners IAIS Members How to join IAIS MMoU Distinguished Fellows Partners Stakeholder engagement Activities and Topics Activities Financial stability Holistic Framework GIMAR G-SII Standard setting ICPs and ComFrame Insurance Capital Standard Comparability assessment Implementation assessment Peer Review Process Member Assessment Programme Holistic Framework implementation assessment ICP Self Assessment Tool Methodologies and frameworks Capacity building Supervisory capacity building IAIS MMoU Implementation partners Supporting supervisory practices Topics Climate risk Conduct and culture Cyber risk Digital innovation Diversity, Equity and Inclusion Financial inclusion Publications Publications All Publications Application Papers Assessment Reports GIMAR Issues Papers Other supporting material Translations Resources and Tools IAIS Glossary ICP and ComFrame Tool Consultations Consultations Closed consultations News and Events News Latest news Press releases Media centre Newsletter Subscribe to our email alerts Events Calendar 2024 Global Seminar 2023 Annual Conference Stakeholder events Previous Global Seminars 2022 Global Seminar 2023 Global Seminar Previous Annual Conferences 2021 Annual Conference 2022 Annual Conference About the IAIS Organisation What we do IAIS Secretariat Organisational structure Strategic Plan and Roadmap Annual reports Diversity, Equity and Inclusion at the IAIS Policies and Procedures Recruitment Members and Partners IAIS Members How to join IAIS MMoU Distinguished Fellows Partners Stakeholder engagement Activities and Topics Activities Financial stability Holistic Framework GIMAR G-SII Standard setting ICPs and ComFrame Insurance Capital Standard Comparability assessment Implementation assessment Peer Review Process Member Assessment Programme Holistic Framework implementation assessment ICP Self Assessment Tool Methodologies and frameworks Capacity building Supervisory capacity building IAIS MMoU Implementation partners Supporting supervisory practices Topics Climate risk Conduct and culture Cyber risk Digital innovation Diversity, Equity and Inclusion Financial inclusion Publications Publications All Publications Application Papers Assessment Reports GIMAR Issues Papers Other supporting material Translations Resources and Tools IAIS Glossary ICP and ComFrame Tool Consultations Consultations Closed consultations News and Events News Latest news Press releases Media centre Newsletter Subscribe to our email alerts Events Calendar 2024 Global Seminar 2023 Annual Conference Stakeholder events Previous Global Seminars 2022 Global Seminar 2023 Global Seminar Previous Annual Conferences 2021 Annual Conference 2022 Annual Conference USER PORTAL USER PORTAL About the IAIS Organisation What we do IAIS Secretariat Organisational structure Strategic Plan and Roadmap Annual reports Diversity, Equity and Inclusion at the IAIS Policies and Procedures Recruitment Members and Partners IAIS Members How to join IAIS MMoU Distinguished Fellows Partners Stakeholder engagement Activities and Topics Activities Financial stability Holistic Framework GIMAR G-SII Standard setting ICPs and ComFrame Insurance Capital Standard Comparability assessment Implementation assessment Peer Review Process Member Assessment Programme Holistic Framework implementation assessment ICP Self Assessment Tool Methodologies and frameworks Capacity building Supervisory capacity building IAIS MMoU Implementation partners Supporting supervisory practices Topics Climate risk Conduct and culture Cyber risk Digital innovation Diversity, Equity and Inclusion Financial inclusion Publications Publications All Publications Application Papers Assessment Reports GIMAR Issues Papers Other supporting material Translations Resources and Tools IAIS Glossary ICP and ComFrame Tool Consultations Consultations Closed consultations News and Events News Latest news Press releases Media centre Newsletter Subscribe to our email alerts Events Calendar 2024 Global Seminar 2023 Annual Conference Stakeholder events Previous Global Seminars 2022 Global Seminar 2023 Global Seminar Previous Annual Conferences 2021 Annual Conference 2022 Annual Conference Read for an overview of IAIS’ progress and achievements in 2023. IAIS Year in Review 2023 The IAIS is conducting three public consultations focusing on climate risk, DEI and financial stability. Visit our Consultations page to learn more and share your feedback. IAIS public consultations The GIMAR shares key risks and trends facing the global insurance sector and detects the potential build-up of systemic risk. Global Insurance Market Report 2023 Welcome to the website of the (IAIS) 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. Highlights ICPs and ComFrame The Insurance Core Principles form the globally accepted framework for insurance supervision. ComFrame builds on the ICPs and focuses on the group-wide supervision of internationally active insurance groups. Together these support the protection of policyholders and promote the stability of the global financial system. ICS The Insurance Capital Standard (ICS) is being developed as a consolidated group-wide capital standard for internationally active insurance groups and forms the quantitative element of ComFrame. It consists of three components: valuation, qualifying capital resources, and a standard method for the ICS capital requirement. Climate risk Climate risk is a key theme within the IAIS Strategic Plan. IAIS’ work on addressing the risks from climate change spans across many of our activities, ranging from financial stability risk assessment, developing supervisory and supporting material and capacity building. Holistic Framework The Holistic Framework for the assessment and mitigation of systemic risk in the insurance sector was adopted in November 2019 and is an integrated set of supervisory policy measures, a global monitoring exercise and implementation assessment activities. 2023 IAIS Annual Conference The 2023 IAIS Annual Conference took place in person on 9-10 November in Tokyo, Japan. The event provided a platform for open dialogue on key supervisory issues for the insurance sector. Watch the session replays, read the summaries and view the photos. GIMAR​ The Global Insurance Market Report (GIMAR) is an annual report on the outcomes of the Global Monitoring Exercise, which is aimed at assessing global insurance market trends and developments and detecting the possible build-up of systemic risk in the global insurance sector. Latest news 7 May 2024 Andy Mais appointed Vice Chair of the IAIS Executive Committee We are pleased to announce the appointment of Andrew N. Mais, Insurance Commissioner of Connecticut and President of the National Association of Insurance Commissioners (NAIC), as Vice Chair of the IAIS Executive Committee (ExCo). The ExCo is responsible for providing the overall strategic direction and the management... Read more 6 May 2024 AAWG – Stakeholder Call On 22 May 2024 from 10:15 – 11:15 EDT, the Accounting and Auditing Working Group of the IAIS will hold a stakeholder webinar...