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Company: International Association of Insurance Supervisors

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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