This article summarises the work currently in progresswithin the IAIS to develop a new framework for insurancesupervision and in particular, the work to develop acommon structure and common standards for theassessment of insurer solvency.

This report contains recommendations for improving the public disclosure practices of financial intermediaries ...

... On-site inspection, whether by the supervisory authority or its representatives, is a vitally important part of the supervisory process, closely related to the on-going monitoring process ...

... This standard builds on the framework set out in the IAIS paper Insurance Supervisory Principles approved in September 1997. Its objective is to describe the essential elements of a sound asset management system and reporting framework across the full rangeof investment activities ...

... The Technical Committee of IAIS has decided to build upon the principles relating to coordination and information-sharing between supervisors with respect to international insurance groups and other international financial groups which are significantly involved in insuranceactivities....

The purpose of this standard is to bring together for insurance supervisors in one document the conditions that should apply to the exchange of information ...

... This standard .... focussing particularly on where reinsurers differ from primary insurers, hence requiring the supervisory framework to be adapted. The standard applies to internationally active reinsurers that are pure reinsurers or insurers, whose main activity includes the issuance of...

The purpose of this standard is to describe best practice of public disclosure requirements about technical performance and risks that should apply to non-life insurers and reinsurers ...