The intent to provide a formal response from the IAA to The International Association of Insurance Supervisors (IAIS) public consultation on the Risk-based Global Insurance Capital Standard was announced on 5 January 2015.
The response was prepared on behalf of the IAA by the Insurance Regulation Committee and submitted to the IAIS on 16 February 2015.
IAA comments were provided through the use of the comments tool provided by the IAIS. A record of the comments submitted, in the downloadable pdf format made available by the IAIS comments tool, is attached here for your easy reference.
The response is also available on the IAA website under PUBLICATIONS/ PUBLIC STATEMENTS (URL: http://www.actuaries.org/index.cfm?lang=EN&DSP=PUBLICATIONS&ACT=PUBLIC_STATEMENTS).
The consultation document is available on the IAIS website at URL: http://www.iaisweb.org/News/Consultations/Risk-based-Global-Insurance-Capital-Standard-1220