The 12th Consultative Forum (CF12) on the topic of InsurTech: rising to the regulatory challenge took place on 20 March in Colombo, Sri Lanka gathering high-ranking representatives from the regulatory and supervisory bodies (in Asia), industry, NGOs and other stakeholders. Continue reading to access all the relevant documents and presentations.
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The Access to Insurance Initiative (A2ii) and the International Labour Organization (ILO) through its Impact Insurance Facility (IIF) have commissioned this study to assess the impact of microinsurance regulatory frameworks on developingn inclusive insurance markets by way of a Regulatory Impact Assessment.
Implementation of the IAIS’ supervisory material and supporting capacity building efforts of insurance supervisors is key to achieving effective and globally consistent supervision of insurance. These pages contain information on the IAIS assessment programme and surveys, as well as key capacity building tools such as the Core Curriculum.
To access the Implementation and Capacity Building please click here.
Application Papers provide additional material related to one or more ICPs, ComFrame or G-SII policy measures, including actual examples or case studies that help practical application of supervisory material. Application Papers could be provided in circumstances where the practical application of principles and standards may vary or where their interpretation and implementation may pose challenges Application Papers can provide further advice, illustrations, recommendations or examples of good practice to supervisors on how supervisory material may be implemented.
Issues Papers provide background on particular topics, describe current practices, actual examples or case studies pertaining to a particular topic and/or identify related regulatory and supervisory issues and challenges.
Under its supervisory material, the IAIS publishes Guidance papers. You can access the papers here.
The ICP on-line tool provides a convenient and flexible access to the IAIS ICP material.
The Insurance Core Principles updated November 2017, includes Insurance Core Principles as adopted by the IAIS.
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.
On the topic: With access to insurance high on the financial inclusion agenda, efforts are being undertaken to develop inclusive insurance regulatory frameworks in many jurisdictions. Effectively implementing such frameworks requires a multifaceted approach involving numerous stakeholders and proportionality considerations.