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The objective of this report is to set out the full process and product of the IAIS Task Force (Task Force Re)'s work in response to the request from the Financial Stability Forum (FSF) to improve the transparency of the global reinsurance market and risk-oriented disclosures of individual...
Persistent link: https://www.econbiz.de/10005847907
This is the first attempt by IAIS members and observers to pool resources to develop a body of knowledge that can be implemented by all regulators for use in the training of supervisory staff.
Persistent link: https://www.econbiz.de/10005847904
Insurance companies assume risk on behalf of policyholders. They mitigate these risksby acquiring insurance with reinsurers. Through the use of reinsurance, an insurer can reducerisk, stabilise its solvency, use available capital more efficiently and expand underwritingcapacity. Reinsurance...
Persistent link: https://www.econbiz.de/10005847917
... 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...
Persistent link: https://www.econbiz.de/10005847918
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 ...
Persistent link: https://www.econbiz.de/10005847919