CAIR Conference on "Enhancing domestic and cross-border supervision and stress testing in the insurance sector"
The 2018 Annual Conference of the Caribbean Association of Insurance Regulators (CAIR) took place from 20-22 June 2018 in St. Kitts & Nevis. The topic of the conference, which brought together 56 supervisors from 17 Caribbean countries, was “enhancing domestic and cross-border supervision and stress testing in the insurance sector”.
A2ii was invited to introduce the topic of inclusive insurance to the audience of the conference. Teresa Pelanda presented the concept of inclusive insurance and highlighted the important role supervisors play in enhancing access to insurance. Considering the increased intensity of hurricanes and other major natural catastrophes in the region, the topic of natural catastrophes insurance was also discussed from an inclusive insurance perspective. Elizabeth Smith from FSC Jamaica shared some experiences from a project they are currently involved in and which includes the implementation of an index-based insurance product for low-income households.
We are the implementation arm of the International Association of Insurance Supervisors (IAIS) on Inclusive Insurance. We generate and disseminate knowledge, build capacity, contribute to IAIS standard-setting, we foster learning and dialogue, support implementation at the regional and national levels, and participate in global advocacy processes.