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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...
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The International Association of Insurance Supervisors (IAIS) was established in 1994 to promote cooperation among insurance regulators and liaise with regulators in other financial sectors.
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The International Association of Insurance Supervisors (IAIS) was established in 1994 to promote cooperation among insurance regulators and also with regulators in other financial sectors.
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In March 2000, the Joint Forum set up a Working Group to compare the core principles issued by the Basel Committee on Banking Supervision (Basel Committee), the International Association of Insurance Supervisors (IAIS), and the International Organization of Securities Commissions (IOSCO),...
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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.
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