Experts call for changes to first global insurance capital standard

Concerns mount over calibration of BCR and higher loss-absorbency


Experts say the first international capital requirement for insurers needs to be altered to better reflect firms' asset-liability matching and diversification strategies and expect the International Association of Insurance Supervisors (IAIS) will make changes during the period in which the new capital level is reported confidentially to national supervisors.

The IAIS finalised the basic capital requirement (BCR) on October 23 during the association's annual conference in Amsterdam. It is

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: