The International Association of Insurance Supervisors (IAIS) published its Roadmap 2025-2026, setting out planned projects and activities under the IAIS Strategic Plan 2025-2029. Following the adoption of the Insurance Capital Standard (ICS) at the end of 2024, the Roadmap signals a shift from intensive standard-setting towards supporting comprehensive and globally consistent implementation of IAIS supervisory material, including the development of an implementation assessment methodology for the ICS. The programme is framed around four objectives: monitoring and responding to key risks and trends, maintaining globally recognised supervisory standards, supporting members through good practices and capacity building, and assessing consistent implementation of global standards. Planned work includes enhancements to the annual IAIS Global Monitoring Exercise and continued reporting through the Global Insurance Market Report, with focus areas including structural shifts in the life insurance sector such as increased asset allocation to alternative investments and growth in cross-border asset-intensive reinsurance, as well as the potential financial stability implications of natural catastrophe protection gaps. Implementation support will include guidance on effective supervisory practices and peer exchange, including on climate-related risk supervision and the application of IAIS standards to the use of artificial intelligence.
International Association of Insurance Supervisors 2025-01-27
International Association of Insurance Supervisors publishes Roadmap 2025-2026 prioritising implementation support and an Insurance Capital Standard assessment methodology
The International Association of Insurance Supervisors (IAIS) released its Roadmap 2025-2026, emphasizing a shift from standard-setting to implementing the Insurance Capital Standard (ICS). It focuses on monitoring risks, maintaining supervisory standards, and supporting members, with initiatives like enhancing the IAIS Global Monitoring Exercise and addressing financial stability implications of natural catastrophe protection gaps. It also includes guidance on supervisory practices and applying IAIS standards to artificial intelligence and climate-related risk supervision.