The Insurance Core Principles comprise essential principles that need to be in place for an insurance supervisory system to be effective.
The Insurance Core Principles Methodology provides criteria to facilitate assessments of observance of the Insurance Core Principles that are comprehensive, precise and consistent.
Intended as an essential building block in the development of more detailed standards relating to capital adequacy and solvency, this paper elaborates 14 principles for evaluating the solvency of life and non-life insurance undertakings.
This paper sets out a standard for efficient and regular exchange of information between supervisory bodies, both within the insurance sector and between different financial services sectors.
This paper provides guidance on the public disclosure of reliable and timely information, involving both the quality of disclosure by insurers and the nature of the information being disclosed.
Prepared by the Insurance Fraud Subcommittee, this document addresses the increasing use of financial institutions, including insurance entities, to launder the proceeds of crime.
This standard covers the indirect supervision of reinsurance.
This standard builds on the Joint Forum Coordination Paper that establishes general principles for the role of a coordinator regarding the supervision of financial conglomerates.
This paper extends the scope of the Joint Forum paper, Fit and Proper Principles, to single insurance entities and to insurance groups.
These principles state that supervisors' approach to insurance activities on the internet should be consistent with the approach applied to insurance activities via other media.
These principles aim to improve the relationship among insurers, intermediaries and consumers, thereby strengthening consumer confidence in the industry.
This standard describes the essential elements of a sound asset management system and reporting framework across the full range of investment activities.
These principles aim to improve the supervision of internationally active insurance companies, stating that all insurance establishments should be subject to effective supervision, that authorisation involving cross-border activities should be subject to consultation between the relevant supervisors, and that provisions should be made for external audits and for information sharing with other supervisors and that foreign insurers providing insurance cover on a cross-border services basis are subject to effective supervision (revised December 1999).
This standard provides guidance to supervisors in assessing how insurers control risks in derivatives. It sets out risk management controls for insurers active in derivatives and a reporting framework, applicable across the full range of potential activities.
On-site inspection is an important part of the supervisory process, closely related to the ongoing monitoring process.
Licensing plays an important role in ensuring efficiency and stability in the insurance market.
This guidance paper is designed to encourage supervisors in emerging and transition economies to comply with the broad principles specified in the Insurance Supervisory Principles paper.
This model MoU can be used by supervisors to improve the exchange of information. It has been prepared as a guide and the IAIS recommends that supervisors should adopt it to facilitate cooperation.
