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Objectives of International Association Of Insurance Supervisors IAIS

Objectives of International Association Of Insurance Supervisors IAIS

The following are the objectives of formation of IAIS:

Insurance
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• Promote effective and globally consistent supervision of the insurance industry in order to develop and maintain fair, safe and stable insurance markets for the benefit and protection of policyholders; and

• Contribute to global financial stability

The objectives of the IAIS are accomplished by a number of activities including the development of principles, standards and guidance for insurance supervisors, encouraging their implementation, promoting the cooperation among supervisory authorities and cooperation with other relevant international organisations.

Insurance Law And Practice - ICSI
Objectives of International Association Of Insurance Supervisors IAIS Objectives of International Association Of Insurance Supervisors IAIS Reviewed by Blog Editor on Thursday, May 18, 2017 Rating: 5

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