The IAIS today published its 2024 Roadmap. The Roadmap outlines the projects and activities that form the IAIS’ work programme for 2024, guided by the IAIS’ Strategic Plan 2020-2024.
This document provides an overview on the Aggregation Method comparability assessment which is being undertaken by a team of technical experts within the IAIS Secretariat.
The 2023 Insurance Capital Standard (ICS) and Aggregation Method (AM) data collection packages are now available on the IAIS website. The 2023 ICS data collection includes both ICS version 2.0 and the candidate ICS as a prescribed capital requirement (PCR), thereby enabling the IAIS to distinguish the impact of policy changes versus changing macroeconomic conditions. […]
The IAIS has launched a public consultation on the candidate Insurance Capital Standard (ICS) as a prescribed capital requirement (PCR) and on two draft revised Insurance Core Principles (ICPs): ICP 14 (Valuation) and 17 (Capital Adequacy). Comments are invited by 21 September 2023.
The consultation closed on 21 September 2023. Background information The purpose of this public consultation is to solicit feedback from stakeholders on the global Insurance Capital Standard (ICS) ahead of its adoption as a group Prescribed Capital Requirement (PCR) for Internationally Active Insurance Groups (IAIGs) at year-end 2024. The consultation document presents the ICS as […]
