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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 paper will be restricted to focus on the technical provisions, as they are the most relevant for insurance operations. Other liabilities tend to be less material or are subject to less uncertainty in their estimation, or are subject to evaluation using the same accounting and valuation...
Persistent link: https://www.econbiz.de/10005847908
This report contains recommendations for improving the public disclosure practices of financial intermediaries ...
Persistent link: https://www.econbiz.de/10005847909
... This document should serve as a basic benchmark for insurance supervisors in all jurisdictions. It can be used when establishing a supervisory regime or for identifying areas in existing regimes that needto be improved ...
Persistent link: https://www.econbiz.de/10005847910
... The Principles on Capital Adequacy and Solvency as set out in this paper are applicable to all insurance companies and are relevant for evaluating the solvency of life insurance undertakings and non-life (or general) insurance undertakings ...
Persistent link: https://www.econbiz.de/10005847911
... 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 ...
Persistent link: https://www.econbiz.de/10005847913
... 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....
Persistent link: https://www.econbiz.de/10005847915
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 ...
Persistent link: https://www.econbiz.de/10005847916
... This paper provides guidance for publicdisclosures by insurance companies. It recognizes that supervisors have a role in encouraging companies to make effective disclosure ...
Persistent link: https://www.econbiz.de/10005847922
The insurance sector and other sectors of the financial services industry are potentially at risk of being misused for money laundering and the financing of terrorism ...
Persistent link: https://www.econbiz.de/10005847923