Some Countries Skip Insurer Systemic Risk Evaluations: IAIS

June 15, 2021 by Allison Bell

Regulators in many countries are skeptical about the idea that problems at insurance companies could rock the financial system.

Officials at the International Association of Insurance Supervisors (IAIS) talk about that finding in a report on how well 26 IAIS member countries are implementing the new IAIS “Holistic Framework” — the Holistic Framework for the Assessment and Mitigation of Systemic Risk in the Insurance Sector.

The IAIS is a Basel, Switzerland-based group for the world’s insurance regulators.

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Originally Posted at ThinkAdvisor on June 8, 2021 by Allison Bell.