18.01.20181 dayWorldwide | Consultation Calls
On this call we will explore current practices with regards to index-based insurance. A description of this webinar will follow closer to the date.
The IAIS-A2ii consultation calls are topic-focused webinars (via WebEx) for insurance supervisors.
16.11.20171hWorldwide | Consultation Calls, SMEs
Micro, small and medium enterprises (MSMEs) make up the vast majority of enterprises and make a significant contribution to employment and economic growth. However, especially for micro and small businesses, insurance products suited to their specific demands often do not exist. For both social and economic reasons, it is in policymakers’ and supervisors’ interest to scale up the provision of appropriate and responsible insurance products amongst MSMEs. This means that it is important to better explore these segments to find out and understand their characteristic requirements, which blend personal insurance and business insurance products.
21.09.20171hWorldwide | Consultation Calls, Digital Technology
On this call we explored emerging technologies and how they affect the market and consumers. We also took a look at some regulatory approaches which have been taken, such as setting restrictions, or facilitating some technologies. We saw what has already been done to help supervisors understand technological innovations and what the status quo is in terms of principles and guidelines for supervision. The material from this call should help regulators and supervisors to strike a balance between facilitating innovation and unlocking its potential benefits to the insurance market, increasing the inclusiveness of the insurance sector, and maintaining the conditions for a fair, safe and stable insurance sector for the benefit and protection of policyholders.
20.07.20171hWorldwide | Consultation Calls, Inclusive Insurance Regulation
On this .call we examined the practical aspects of proportional disclosure regulation, which can encourage the industry to offer inclusive insurance while ensuring consumer protection. This call also leveraged the lessons learned from the recent A2ii study, which was commissioned by the IAIS, titled “Proportionality in practice: Disclosure of information”
18.05.20171hWorldwide | Consultation Calls, Inclusive Insurance Regulation
There is growing awareness of the exposure of countries, private and public sector entities and individuals to potentially crushing economic loss as the result of natural disasters. There is also a recognition that the insurance sector has an important role to play in helping to assess risk, promoting loss prevention and mitigation and in risk financing for sovereigns, sub-sovereigns and others. This call explored the important role that insurance regulation plays in facilitating the deployment of insurance sector resources at the macro, meso and micro level in a given country or region to enhance resiliency to natural catastrophes. In the call we discussed the scale and nature of the exposure, specific laws and regulations that could facilitate - or impede - deployment of insurance sector resources.
23.03.20171hWorldwide | Consultation Calls, Market Development21st A2ii-IAIS Consultation Call on "Measuring insurance development: beyond the insurance penetration rate"
The insurance penetration rate is traditionally calculated based on total premiums as a percentage of Gross Domestic Product (GDP). This has served as a useful high-level measure of insurance development, while providing a good basis for international comparison. However, supervisors pursuing more specific policy goals, such as financial inclusion or client value, may find that this measure on its own does not provide enough meaningful information to guide policy strategies.
26.01.20171hWorldwide | Consultation Calls, Inclusive Insurance Regulation
In response to requests from the IAIS Executive Committee as well as Latin American supervisors the next A2ii-IAIS Consultation Call will be on the topic of reinsurance. The call focused on reinsurance from a host jurisdictions perspective and will examine questions around enforcement of contracts, direct and indirect supervision of reinsurers and contract oversight among other issues.
24.11.20161hWorldwide | Consultation Calls, Digital Technology
There has been a rapid growth in mobile insurance, especially over the past 5 years. Yet for a domain where so much is happening and where more players (e.g. Mobile Network Operators, technical service providers) and regulators are getting involved, there is still little information about potential risks and corresponding solutions. In particular, the topic of data protection – the regulatory measures taken to protect personal data – has not received much attention.