News Regulations15 Feb 2021

Global:IAIS approach to resolution powers and planning must reflect insurers' business model - per GFIA

| 15 Feb 2021

he Global Federation of Insurance Associations (GFIA) has said that it is essential for the International Association of Insurance Supervisors (IAIS) to recognise the differences between the banking and insurance business models and to therefore apply an approach that is proportionate to the relatively very low risk posed by insurers to financial stability.

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