ICS version 1.0 inspires little faith in IAIS timetable

Published in: Risk, Risk management, Regulation, RBC Worldwide, UK, Rest of Europe, ROW

Companies: IAIS, ABI, Insurance Europe, GFIA, Federal Reserve

Despite the IAIS heralding the launch of insurance capital standard version 1.0, insurers say it has achieved a lot less than originally promised. Is it time to scale back ambitions for version 2.0? Callum Tanner reports

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