Insurance Capital Standard

E698600

The Insurance Capital Standard is a global regulatory framework that sets risk-based capital requirements for internationally active insurance groups to promote financial stability and policyholder protection.

All labels observed (1)

Label Occurrences
Insurance Capital Standard canonical 3

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf global insurance capital framework ⓘ
prudential regulatory standard ⓘ
risk-based capital standard ⓘ
abbreviation ICS ⓘ
aimsFor comparability of capital outcomes across jurisdictions ⓘ
appliesTo internationally active insurance groups ⓘ
coversRiskType credit risk ⓘ
insurance risk ⓘ
market risk ⓘ
operational risk ⓘ
underwriting risk ⓘ
designFeature allowance for diversification benefits across risks ⓘ
capital adequacy ratio based on qualifying capital resources ⓘ
economic risk-based valuation approach ⓘ
market-consistent valuation of assets and liabilities ⓘ
prescribed risk charges ⓘ
standard method for calculating required capital ⓘ
developedBy International Association of Insurance Supervisors ⓘ
developerAbbreviation IAIS ⓘ
embeddedIn Common Framework for the Supervision of Internationally Active Insurance Groups ⓘ
fullName Insurance Capital Standard for Internationally Active Insurance Groups ⓘ
isPartOf international financial regulatory architecture ⓘ
objective enhance policyholder protection ⓘ
improve comparability of capital adequacy across insurance groups ⓘ
limit regulatory arbitrage in insurance supervision ⓘ
promote global financial stability ⓘ
provide a common language for supervisory discussions of group solvency ⓘ
policyGoal create a level playing field for internationally active insurance groups ⓘ
harmonize solvency assessment across jurisdictions ⓘ
reduce risk of insurer failure with systemic impact ⓘ
support cross-border supervision and cooperation ⓘ
regulatoryPillar qualifying capital resources criteria ⓘ
quantitative capital requirements ⓘ
valuation principles for assets and liabilities ⓘ
regulatoryType group-wide consolidated capital standard ⓘ
relatedConcept ComFrame ⓘ
global insurance capital standards ⓘ
group-wide supervision ⓘ
relatedStandard Risk-Based Capital frameworks ⓘ
Solvency II ⓘ
riskMeasure risk-based capital requirement ⓘ
scope global ⓘ
sector financial stability policy ⓘ
insurance regulation ⓘ
stakeholder global financial stability authorities ⓘ
insurance supervisors ⓘ
internationally active insurance groups ⓘ
policyholders ⓘ
supervisoryUse group-wide solvency assessment ⓘ
macroprudential surveillance of insurance sector ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

ICS → fullName → Insurance Capital Standard ⓘ
ICS → abbreviationOf → Insurance Capital Standard ⓘ