62475

Insurers gain little in ComFrame consultation response

IAIS does not yield to claims of prescriptive and burdensome framework for international insurers

62387

NAIC forum: technology, data science and Brexit

The 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

Paul Walsh speaks to Victoria Saporta, IAIS executive committee chair, to discuss the outlook for the global insurance capital standard (ICS)

62342

International capital standards: the US's chorus of disapproval

Development 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

61682

IAIS outlines further details of systemic risk supervision plan

Proposed intervention powers criticised by industry as “broad and vague”

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Concerns raised about IAIS paper on insurers' recovery planning

GFIA welcomes elements of the paper, but is also critical

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IAIS drops G-SII designation in systemic risk proposal

New framework will look at entity and activity-based approaches

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IAIS Luxembourg: AI and big data require crucial risk management changes, experts warn

Insurers need to upgrade their risk management operations to cope with technologies

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IAIS gears up for a global supervisory regime

Since the International Association of Insurance Supervisors introduced the Insurance Capital Standard in 2016, the industry and some supervisors have pushed for fundamental changes in a number of areas. With a new consultation package, the IAIS aspires to square the circle. Aggelos Andreou reports

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Supervisors inconsistent in monitoring climate risk

Supervisors' varying levels of familiarity with climate risk requires the establishment of a global framework for measuring and managing those risks, according to the IAIS and the UN SIF.