GFIA comments on IAIS consultation on draft issues on conduct of business in inclusive insurance

Date de parution : 08/13/2015
Personne(s)-ressource(s) : Janice Hilchie

The IAIS´ recent paper, Conduct of Business in Inclusive Insurance, effectively identifies the important role that insurance plays in reducing poverty and improving social and economic development. It also helps governments to fulfill their objectives in things like public health enhancement or dealing with the negative effects of climate change.

To achieve these objectives, the paper notes, supervisors must look “for an appropriate balance between regulation, enhancing access to insurance services and protecting policyholders”. GFIA fully agrees with this statement...