IAIS process for addressing systemic risk replaces FSB's annual exercise
Global financial system has weathered Covid-19, but risks remain
The standard would impose capital requirements for long-term products that are too high, the office said
The standard proposed by the IAIS would apply to about 50 internationally active insurance groups
IAIS is committed to develop by 2016 risk-based capital rules for major insurers
Global insurance group worried about regulatory constraints
Agents and insurers must disclosure how low rates are impacting the products clients buy