International Association of Insurance Supervisors (IAIS): Flashcards
1
Q
Context?
A
The International Financial Services Centres Authority (IFSCA) obtained membership of International Association of Insurance Supervisors (IAIS).
2
Q
Estd when?
HQ where?
What is it?
A
- Established : 1994,
- headquartered : Switzerland
- voluntary membership organization of insurance supervisors and regulators from more than 200 jurisdictions, constituting 97% of the world’s insurance premiums.
3
Q
What is it responsible for?
A
for developing and assisting in the implementation of principles, standards and other supporting material for the supervision of the insurance sector.
[SUPERVISION OF INSURANCE SECTOR]
4
Q
What it provides?
A
a forum for Members to share their experiences and understanding of insurance supervision and insurance markets.
[MEMBERS SHARE FIELD RELATED EXPERIENCES]
