Sweeping regulatory changes are happening worldwide in risk management. With the imperative to standardize finance for the stability of the global economy – crucial in the wake of COVID-19 and growing ...
There are 59 identified IAIGs across 18 jurisdictions globally. The International Association of Insurance Supervisors (IAIS) has adopted the Insurance Capital Standard (ICS) to enhance policyholder ...
Under transitional measures, the industry-wide K-ICS ratio dropped to 206.7%. South Korea's insurance industry reported a decline in capital adequacy ratios under the Korean Insurance Capital Standard ...