7 days ago · The IAIS (International Association of ... management arrangements, lines of responsibility, systems of risk management and internal controls.

Objective: To ensure that internal controls are effectively designed, implemented, and evaluated to mitigate risks and comply with regulatory requirements.

6 days ago · This control standard requires supervisors to establish clear and consistent modelling criteria for insurers. These criteria should specify the ...

6 days ago · Risk assessment methodologies specifically designed for different customer segments and product types; Supervisory tools and techniques tailored ...

6 days ago · The ORSA process involves a comprehensive assessment of an insurer's risk profile, capital adequacy, and financial stability. It evaluates the ...

6 days ago · Objective: To mitigate risks associated with cross-border asset transfers by establishing appropriate legal and operational controls.

6 days ago · Implementing risk management strategies to mitigate capital risks and enhance solvency. Governance and Oversight: The board of directors and ...

Conduct regular CMG meetings to assess risks, review crisis management plans, and coordinate preparedness efforts. Implement scenario planning exercises to test ...

5 days ago · To manage potential external limitations that may hinder geographical diversification and cross-border risk transfer. Control Description: This ...

6 days ago · Objective: To ensure that the company's anti-money laundering (AML) and combating the financing of terrorism (CFT) procedures and controls meet ...