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IAIS Abu Dhabi: compromise on global capital standard keeps process on track
14 November 2019Paul Walsh summarises the reaction to today’s agreements that keep the Insurance Capital Standard on track, but not without objections from Canada and questions about US comparability
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IFRS 17: what insurers dislike from the final consultation
24 October 2019The treatment of reinsurance accounting under IFRS 17 appears to be the most consistent complaint from re/insurers, but deciding when the standard should take effect continues to generate disagreements among stakeholders. Cintia Cheong reports
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US introduces bill to protect own interests ahead of IAIS Abu Dhabi meet
02 October 2019Bill to ensure US negotiators reject ICS if it doesn't recognise US system
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European insurers question IAIS revised systemic risk plan
21 August 2019Issues are around proportionality and data collection
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First five years of ICS will be for observation, not prescription
05 August 2019IAIS says International Capital Standard is not a capital-raising exercise, but questions remain
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IAIS joins "green" supervisors' network
25 July 2019Global insurance standard-setter takes observer role at NGFS
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Insurers gain little in ComFrame consultation response
17 June 2019IAIS does not yield to claims of prescriptive and burdensome framework for international insurers
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NAIC forum: technology, data science and Brexit
30 May 2019The NAIC's international meeting this month proved a lively affair. Beyond the regulatory dissection, participants had a lot to say on issues ranging from technology to Brexit. Sarfraz Thind reports
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Setting the record straight on ICS 2.0
28 May 2019Paul Walsh speaks to Victoria Saporta, IAIS executive committee chair, to discuss the outlook for the global insurance capital standard (ICS)
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International capital standards: the US's chorus of disapproval
16 May 2019Development of the global insurance capital standard (ICS) has always been controversial. But the level of ire expressed by the US government, regulators and insurers at this week's NAIC conference was unprecedented. Sarfraz Thind reports