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Consultation Call Reports, Market Development | 2018

"Supervisory Responses to Fraud" – IAIS-A2ii Consultation Call, 19 July 2018

Insurance fraud is a phenomenon that every supervisory authority comes into contact with sooner or later, and if left unchecked it can seriously harm the health of the insurance market. On this consultation call, we had a number of supervisors who shared their approach to dealing with fraud: they spoke about the current state of fraud in their market, how they monitor it, and what kind of measures they have taken to address it.

Consultation Calls, Consultation Call Reports, Market Development | 2017

21st A2ii-IAIS Consultation Call on "Measuring insurance development: beyond the insurance penetration rate", 23 March 2017

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.  

Consultation Calls, Consultation Call Reports, Inclusive Insurance Regulation, Market Development | 2017

20th A2ii-IAIS Consultation Call on "Reinsurance", 26 January 2017

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.

Consultation Calls, Consultation Call Reports, Inclusive Insurance Regulation, Market Development | 2016
Consultation Calls, Consultation Call Reports, Inclusive Insurance Regulation, Market Development | 2016

14th IAIS-A2ii Consultation Call on "Regulatory Incentives for Insurance Market Development", 21 January 2016

On the topic: Regulatory incentives to foster the growth of inclusive insurance are important. Regulation needs to be proportionate to the nature, scale and complexity of risks inherent in individual insurance business and strike a balance between “motivating the industry” and “protecting the consumer” if it is going to achieve its intended objectives and expand access to insurance for low income consumers.

Incentives for insurers and examples of a proportionate approach include:

Consultation Calls, Consultation Call Reports, Inclusive Insurance Regulation, Market Development | 2014

6th IAIS-A2ii Consultation Call on "Successful Business Models in Microinsurance", 25 September 2014

On the topic: Given the typically low margins on low value policies, most successful microinsurance business models innovate distribution channels in order to minimise distribution costs and scale up the number of policies sold, either by leveraging groups or the infrastructure and reach of aggregators. These new ways to sell insurance typically result in long distribution chains involving a variety of entities and their employees, some of which may not traditionally be regulated by the insurance supervisor.

Consultation Calls, Consultation Call Reports, Market Development | 2017
Consultation Calls, Consultation Call Reports, Inclusive Insurance Regulation, Market Development | 2017

20th A2ii-IAIS Consultation Call on "Réassurance", 26 Janvier 2017

En réponse aux requêtes du Comité exécutif de IAIS ainsi que des superviseurs latino-américains, le prochain appel de consultation A2ii-IAIS portera sur le thème de la réassurance. L'appel s'est concentré sur la réassurance du point de vue des juridictions  et examinera les questions relatives à l'exécution des contrats, à la supervision directe et indirecte des réassureurs et à la surveillance des contrats, entre autres questions.

Consultation Calls, Consultation Call Reports, Inclusive Insurance Regulation, Market Development | 2017

20th A2ii-IAIS Consultation Call on "Reaseguros", 26 de enero de 2017

En respuesta a las solicitudes del Comité Ejecutivo de la IAIS, así como de los supervisores latinoamericanos, la próxima Convocatoria de Consulta A2ii-IAIS tratará el tema de los reaseguros. La convocatoria se centró en el reaseguro desde la perspectiva de las jurisdicciones anfitrionas y examinará cuestiones relacionadas con la ejecución de los contratos, la supervisión directa e indirecta de los reaseguradores y la supervisión de los contratos, entre otras cuestiones.

Consultation Calls, Consultation Call Reports, Market Development | 2017

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