The ISSB disclosure standards will improve the quality and comparability of sustainability and climate risks reporting globally. The IAIS has set up a climate risk disclosures workstream that will study the Climate Related Disclosure Standard closely and take stock of relevant developments in climate risk disclosures. Following this, the IAIS will consider whether further work is needed.
Today the IAIS issued a statement recognising the importance of Diversity, Equity and Inclusion (DE&I) considerations to the objectives of insurance supervision and consequently to the IAIS’ mission. There is growing acknowledgment that advancing DE&I within insurers’ organisations and business models supports sound prudential and consumer outcomes and sustainability objectives. DE&I also touches on several […]
In advance of COP26, the IAIS confirms its continued commitment to urgently advance work to address risks and opportunities associated with climate change. The IAIS will support its Members to further strengthen their focus on actions taken by insurers to assess and address climate-related risks and to support an orderly transition to net-zero. The IAIS […]