IAIS – Activities Based Approach 2018 0201 – IAIS – Activities-Based Approach to Systemic Risk – 10p  FSB Plenary press release, 28 February 2017. [←] https://www.iaisweb.org/uploads/2022/01/180202-ABA-stakeholder-presentation-Geneva-Association.pdf

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2022 – IAIS – Development of Liquidity Metrics – Phase 2 NAIC  – Draft Comments – 1p (p10) – Non-traditional non-insurance (NTNI) activities, including off-balance sheet derivative transactions for non-hedging purposes, over-the-counter (OTC) transactions and/or leveraging assets to enhance investment returns, may give rise to liquidity risk and financial instability. Is Universal Life NTNI?  Has…

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2016 – IAIS – Risk-based Global Insurance Capital Standard Version 1.0 2016 0710 – IAIS – Risk-based Global Insurance Capital Standard, Version 1.0 – Public Consultation Document – Comments due by 19 October 2016 – 175p 4.1 Market adjusted valuation (MAV) approach – Comments – 276p 5 Capital resources – 149p 6.5 Management actions – Comments -…

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ICPs – Insurance Core Principles – IAIS iaisweb.org///icp-on-line-tool ICP 18 – Intermediaries – IAIS ICP 19 – Conduct of Business (COB) – IAIS ICP 24 – Macroprudential Surveillance and Insurance Supervision – IAIS federalreserve.gov/// Table 2. Public consultations related to ICP and ComFrame revisions, 2017-18

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ICP 18 – Intermediaries The supervisor sets and enforces requirements for the conduct of insurance intermediaries, in order that they conduct business in a professional and transparent manner.  — ICP 18 – Intermediaries – 

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ICS – Insurance Capital Standards – IAIS 2015 – IAIS – IAIS Capital-related Stakeholder Meeting – 83p Feedback from 2014 field testing Mainly concerns with volatility and harm to the long term nature of insurance business Additional feedback received from industry Long duration discount rates should not be extrapolated from extremely limited tenors Use more stable…

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2021 – IAIS – Consultation – Insurer Culture 2021 – IAIS – Public Consultation on draft Issues Paper on Insurer Culture  —  [BonkNote] 2021 0623 – IAIS – Draft Issues Paper on Insurer Culture For public consultation, 23 June 2021 – 32p 2021 0823 – IAIS – Resolution of public consultation comments on draft Issues…

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IAIS – Run Run In paragraph 34, it is noted that some products offered by insurers (which contain provisions whereby a policyholder can withdraw cash from the policy with little notice or penalty) contain high liquid liability; however, this description is too simplified and inappropriate since it does not properly take into account the reality…

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