ICS

E698601

ICS is a global risk-based insurance capital standard developed under the auspices of the International Association of Insurance Supervisors to assess the financial soundness of internationally active insurance groups.

All labels observed (1)

Label Occurrences
ICS canonical 2

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf insurance capital standard ⓘ
abbreviationOf Insurance Capital Standard ⓘ
acronym ICS ⓘ
appliesTo internationally active insurance groups ⓘ
associatedOrganization IAIS ⓘ
basis risk-based approach ⓘ
calibrationGoal target level of solvency for insurance groups ⓘ
capitalDefinition qualifying capital resources ⓘ
developedBy International Association of Insurance Supervisors ⓘ
financialStabilityRole macroprudential oversight support ⓘ
focus capital adequacy ⓘ
comparability of capital requirements ⓘ
risk sensitivity ⓘ
fullName Insurance Capital Standard ⓘ
geographicalCoverage international ⓘ
measurementPerspective group-wide consolidated basis ⓘ
methodologyType risk-based capital standard ⓘ
objective limit regulatory arbitrage in insurance capital requirements ⓘ
provide a common language for supervisory discussions on capital ⓘ
support consistent supervisory outcomes for insurance groups ⓘ
policyGoal enhance transparency of capital adequacy assessments ⓘ
protect policyholders and beneficiaries through adequate capital ⓘ
support a level playing field among insurance groups ⓘ
purpose assess financial soundness of internationally active insurance groups ⓘ
enhance global insurance sector stability ⓘ
promote comparability of capital adequacy across insurance groups ⓘ
regulatoryDomain insurance supervision ⓘ
prudential regulation ⓘ
regulatoryUse group-wide supervision of internationally active insurance groups ⓘ
relatedStandard ComFrame ⓘ
relatedTo global insurance regulatory framework ⓘ
group-wide capital adequacy assessment ⓘ
riskCoverage credit risk ⓘ
market risk ⓘ
operational risk ⓘ
other material risks to insurance groups ⓘ
underwriting risk ⓘ
scope global ⓘ
sector insurance ⓘ
stakeholder global financial stability authorities ⓘ
insurance supervisors ⓘ
internationally active insurance groups ⓘ
targetEntityType insurance group ⓘ
internationally active insurance group ⓘ
underAuspicesOf International Association of Insurance Supervisors ⓘ

How these facts were elicited

Referenced by (2)

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