International Association of Insurance Supervisors information
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International Association of Insurance Supervisors
Abbreviation
IAIS
Formation
1994; 30 years ago (1994)
Type
Swiss Verein
Headquarters
Centralbahnplatz 2, Basel, Switzerland
Chair of the Executive Committee
Shigeru Ariizumi, Financial Services Agency of Japan
Secretary General
Jonathan Dixon
Affiliations
Bank for International Settlements
Website
iaisweb.org
The International Association of Insurance Supervisors (IAIS) is a voluntary membership organization of insurance supervisors from more than 200 jurisdictions, constituting 97% of the world's insurance premiums. It is the international standards-setting body for the insurance sector.[1] The IAIS was established in 1994 and operates as a verein, a type of non-profit organisation under Swiss Civil Law.[2]
The IAIS' mission is to 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 to contribute to the maintenance of global financial stability.[3]
^"Standard-Setting Bodies in the Compendium". www.fsb.org. 2010-07-02. Retrieved 2020-08-17.
^"International Association Of Insurance Supervisors". Bloomberg. Retrieved 11 February 2018.
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