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Consultation Calls, Consultation Call Reports, Agricultural and Disaster Risk Insurance | 2017

22nd A2ii-IAIS Consultation Call on "The Importance of Insurance Regulation in Disaster Resilience", 18 May 2017

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

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, Digital Technology, Consumer Protection | 2016

19th A2ii-IAIS Consultation Call on "data protection challenges in mobile insurance", 24 November 2016

On the topic: There has been a rapid growth in mobile insurance, especially over the past five 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 the 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.

Consultation Calls, Consultation Call Reports, Migration | 2016
Consultation Calls, Consultation Call Reports, Inclusive Insurance Regulation, Market Development | 2016
Consultation Calls, Consultation Call Reports, Inclusive Insurance Regulation | 2016
Consultation Calls, Consultation Call Reports, Inclusive Insurance Regulation | 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, Digital Technology, Consumer Protection | 2015

13th IAIS-A2ii Consultation Call on "Supervisory Responses to Consumer Risks in Mobile Insurance", 26 November 2015

On the topic: mobile insurance has a huge potential in advancing inclusive insurance markets and has experienced rapid growth in recent years. However, it also brings with it new risks and challenges for insurance supervisors seeking to ensure policyholders are protected from abuse and fraud. Participants on the call will learn more about these risks and discuss potential supervisory responses.  Additionally, different country examples will be shared with participants on the call.

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