The International Association of Insurance Supervisors (IAIS) has concluded its initial development of the higher loss absorbency (HLA) requirement for global systemically important insurers (G-SIIs), the organisation announced on 5 October.
The International Association of Insurance Supervisors (IAIS) has concluded its initial development of the higher loss absorbency (HLA) requirement for global systemically important insurers (G-SIIs), the organisation announced on 5 October.