International Association of Insurance Supervisor

Efforts aimed at improving consistency may have immediate effects in private credit market.

Post-adoption of ICS in late 2024, the IAS is shifting to implementation.

Supervisors are implementing stress testing and contingency planning to mitigate risks. 

The IAIS will begin developing an ICS execution evaluation methodology in 2025.

GFIA endorses the revisions made to draft ICPs 14 and 17.

This is to prepare insurance supervisors for the challenges ahead.