IAIS News

IAIS Calls for Greater Scrutiny over Non-traditional Insurance

Regulators should focus on insurers’ role in markets outside their traditional sphere, as such activities could worsen the economic impact of companies in the sector going bust, the International Association of Insurance Supervisors said in a report on Tuesday. The …

IAIS Study Indicates Big Insurers May Not Face Same Capital Rules as Banks

Insurance companies judged too big to fail are likely to face different rules than their banking counterparts, who were told this week that they will be subject capital surcharges, insurance industry standard setters said on Friday. The International Association of …

Need for Global Insurance Standards Driven by Financial Crisis, Solvency II

While the European Union is primarily focused on the approach of the Solvency II regulations in 2013, there are two additional regulatory bodies who are also considering some new rules that will affect not only the EU, but also the …

Living with Solvency II; A Top Regulator Gives His Views

Solvency II, the European Union’s imminent imposition of new and more sophisticated risk based regulation of its insurers, may not be the only elephant in the room It is, however the main focus of a great deal of activity within …