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.

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...

... 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...

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

... 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 ...

... 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 ...

... 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 ...