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IAIS Insurance Core Principle 25: Supervisory Cooperation and Coordination

This principle requires insurance supervisors to cooperate and coordinate with other domestic and international supervisors, particularly for…

What IAIS Insurance Core Principle 25: Supervisory Cooperation and Coordination requires

This principle requires insurance supervisors to cooperate and coordinate with other domestic and international supervisors, particularly for internationally active insurance groups (IAIGs). As per ICP 25.1, supervisors must have the legal power and practical ability to engage in this cooperation, including establishing and participating in supervisory colleges and sharing confidential information under strict safeguards.

Pillar: Insurance & Risk · Authority: International Association of Insurance Supervisors (IAIS) · Version: 1.0.0 · Last updated:

Primary source: https://www.iaisweb.org/page/supervisory-material/insurance-core-principles

SHA-256 integrity: 701141ec3918e46812149ba8b80c176e105e710c2718323095565a1091d17d00

Primary Citations — 7 traced to source

  • IAIS Insurance Core Principles, November 2023, ICP 25: Supervisory Cooperation and Coordination
  • IAIS Insurance Core Principles, November 2023, ICP 25.1: Powers for Cooperation

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