Guidance related to market conduct and scenario analysis.
Comments are invited by 23 February 2024 24:00 CET.
Public consultation on climate risk supervisory guidance
Watch the session replays, read the summaries and view the photos
2023 IAIS Annual Conference
The report outlines five significant areas where insurance supervisors can help narrow the NatCat protection gaps, underpinned by examples of action already underway by IAIS members.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.
Following public consultation, the IAIS has published its updated Stakeholder Engagement and Consultation Policy to guide IAIS’ engagement with stakeholders and support the IAIS’ work as a global standard setter.
The IAIS has published a second public consultation on climate risk, aimed at promoting a globally consistent supervisory approach to address issues relating to market conduct and scenario analysis in the insurance sector. Comments are invited by 23 February 2024.
Last week, the 2023 IAIS Annual Conference welcomed over 400 participants from 100 jurisdictions to Tokyo, Japan. We encourage you to explore our event page for an in-depth look at the insights shared during the conference, including summaries of the sessions, video replays and images.
