ComFrame

E698599

ComFrame is a global regulatory framework developed by the International Association of Insurance Supervisors to provide consistent, risk-based supervision of internationally active insurance groups.

All labels observed (1)

Label Occurrences
ComFrame canonical 1

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Statements (48)

Predicate Object
instanceOf global regulatory framework
insurance supervisory framework
abbreviationOf Common Framework for the Supervision of Internationally Active Insurance Groups NERFINISHED
aimsTo improve comparability of supervisory outcomes across jurisdictions
provide a comprehensive framework for supervising complex cross-border insurance groups
reduce regulatory arbitrage in insurance supervision
appliesTo internationally active insurance groups
basedOn Insurance Core Principles NERFINISHED
componentOf IAIS global insurance regulatory architecture NERFINISHED
developedBy International Association of Insurance Supervisors NERFINISHED
developerAcronym IAIS NERFINISHED
documentType supervisory framework
focusesOn group-wide governance
group-wide risk management
group-wide solvency assessment
supervisory colleges for insurance groups
supervisory cooperation and coordination
fullName Common Framework for the Supervision of Internationally Active Insurance Groups NERFINISHED
geographicalScope global
governedBy International Association of Insurance Supervisors membership decisions
hasScope cross-border insurance supervision
group-wide supervision of insurance groups
includes guidance on group capital assessment
guidance on group-wide governance
guidance on group-wide risk management
qualitative supervisory requirements
quantitative supervisory requirements
reporting requirements for internationally active insurance groups
language English
objective to enhance policyholder protection
to promote global convergence of insurance supervisory practices
to provide consistent supervision of internationally active insurance groups
to support financial stability
publisher International Association of Insurance Supervisors NERFINISHED
regulatoryApproach risk-based supervision
regulatoryNature non-binding international standard
soft law instrument
relatedConcept global capital standards for insurers
group-wide supervision
internationally active insurance group
relatedTo IAIS Insurance Core Principles (ICPs) NERFINISHED
Insurance Core Principles NERFINISHED
sector financial regulation
insurance regulation
subjectArea macroprudential supervision of insurance sector
prudential supervision of insurance groups
targetAudience group-wide supervisors of insurance groups
insurance supervisors

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