Category: Insurance Regulatory News

IAIS Update–Public Consultation Begins on Higher Loss Absorbency Requirement for Global Systemically Important Insurers; Additional Insurance Capital Standards Information Released

Jun 30, 2015

  The International Association of Insurance Supervisors (“IAIS”) announced last week, June 25, 2015, that it has begun a public consultation to help finalize development of the Higher Loss Absorbency (“HLA”) requirement for global systemically important insurers (“G-SIIs”).  The IAIS …