IAIS Releases Solvency and Actuarial Issues Subcommittee Papers For Comment

The International Association of Insurance Supervisors (“IAIS”) has released its Solvency and Actuarial Issues Subcommittee Guidance Papers for comment. 

Along with comment templates for each Paper, a letter of transmittal from IAIS Solvency and Actuarial Issues Subcommittee Chairman Rob Curtis is attached. 

The final versions of the following three papers are enclosed for your review:

• Capital Requirements
• Enterprise Risk Management for Capital and Solvency Purposes
• The use of Internal Models by Insurers. 

Both members and observers of the Committee are invited to comment in writing on the Papers using the attached templates. 

The templates should then sent to the Chairman, Rob Curtis (rob.curtis@fsa.gov.uk), and copied to the Secretariat (karen.doran@bis.org)  by August 31, 2007.

Should you have any comments or questions, please do not hesitate to contact this office.