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Aspirations and realities: Gauging the impact of the ICS on capital management 

Nov 2016

This is the second in our series of perspectives looking at the implications of the planned new risk-based International Capital Standard (ICS) being developed by the International Association of Insurance Supervisors (IAIS) for global systemically important insurers (G-SIIs) and a broader group of internationally active insurance groups (IAIGs).

The IAIS has set ambitious goals for the ICS (Principles 1-104) as it looks to strengthen policyholder protection, financial stability worldwide and introduce a globally comparable risk-based measure of capital adequacy. So if a new ICS is coming, what is the likely impact? In this paper, we look at how much will change and how this will affect capital management within your business.

Contacts
Chris Hancorn
Partner
Hong Kong
Tel: +[852] 2289 1177 Email
Saskia Bosch van Rosenthal
Consulting Director
Hong Kong
Tel: +[852] 2289 1805 Email