On 9 March 2009, the IAIS issued a paper on "Group-Wide Solvency Assessment and Supervision". The paper discusses a number of solvency challenges which are being experienced in insurance groups; namely with respect to intra-group transactions, transferability of assets, complex group structures, diverse legal and regulatory frameworks applying to the group and measurement of risk dependencies. While the paper does not suggest that there is no need for appropriate levels of supervision and insolvency assessment on an individual insurer basis, it addresses possible approaches to group-wide solvency assessment and its merits. Watch this space...