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IAIS publishes guidance on transitioning to a risk-based solvency regime

Published on: 20 June 2025
Published by LNB News

LNB News 20/06/2025

Document Information

Issue Date: 20 June 2025

Published Date: 20 June 2025

Jurisdiction(s): Eire and World

Article summary

The International Association of Insurance Supervisors (IAIS) has published guidance for supervisors on transitioning to a risk-based solvency (RBS) regime. Developed in collaboration with the International Monetary Fund (IMF), the guidance outlines practical considerations for the design and implementation of an RBS regime, drawing on the experiences of several IAIS member jurisdictions. It notes that transitioning to an RBS regime is a medium- to long-term process and highlights the importance of adapting to jurisdiction-specific legal frameworks, supervisory capacity and stakeholder engagement. The document also addresses the organisational and cultural adjustments required within supervisory authorities and the insurance sector. A public webinar will be held on 26 June 2025 to present the guidance and answer questions.

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