IIF Authors

Status: Will be live at 01/07/2019 16:31

IIF Response to IAIS Recovery Planning Application Paper

On January 7, 2019 the IIF submitted its response to the IAIS Recovery Planning Application Paper. The response emphasized the importance of:

  • Supervisory flexibility to allow alternatives to recovery plans;
  • Insurer flexibility in the design and implementation of recovery plans;
  • Focusing recovery planning on the restoration of regulatory capital and liquidity; and
  • Group level recovery planning.