8 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.

This control standard requires that the insurer provides the supervisor with access to the material results of stress testing, scenario analysis, and risk ...

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

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

7 days ago · The accountability for implementing and overseeing this control standard typically lies with the risk and compliance department. The department ...

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

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

7 days ago · Risk Management Function: Assesses the risk of counterparty exposure and determines the appropriate level of collateral. Compliance Function ...

7 days ago · Objective: To establish clear and comprehensive procedures governing the execution of share buy-backs and the disposal of investment portfolios, ...