This paper provides guidance to insurance supervisors on the application of aspects of regulation and supervision specifically relevant to captive insurers or reinsurers.
IAIS
5 October 2015
The HLA requirements adopted by the IAIS and endorsed by the FSB, will apply to G-SIIs from January 2019. The regulatory capital requirements for Global Systemically Important Insurers (G-SIIs) are expected to be higher than if a group has not been designated as a G-SII. The HLA requirements build on the foundation of the Basic Capital Requirement (BCR), so apply to all group activities and reflect major categories of risk.
5 October 2015
IAIS publishes HLA requirement for G-SIIs.