IAIS valuation methodology for basic capital requirement flawed


Insurers could experience extreme balance sheet volatility under the valuation basis proposed for the new basic capital requirement (BCR), industry groups are warning.

The International Association of Insurance Supervisors (IAIS) last week published responses to its first public consultation on the BCR, which will apply to global systemically important insurers (G-Siis). It will be finalised in November 2014.

Trade associations and think-tanks have come out strongly against the IAIS's proposal f

To continue reading...

You must be signed in to use this feature.

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 indvidual account here: