Slovakia joins insurance agreement: The insurance supervisor of Slovakia has joined an international supervisory cooperation and information exchange agreement. (Source: Slovakia Joins International Information Exchange Agreement)

IAIS consults on core principles: IAIS has published a consultation paper on the proposed revision of its insurance core principles (ICPs). IAIS is revising the following ICPs:

  • ICP 4 Licensing;
  • ICP 5 Suitability of Persons;
  • ICP 7 Corporate Governance;
  • ICP 8 Risk Management and Internal Controls;
  • ICP 23 Group-wide Supervision; and
  • ICP 25 Supervisory Cooperation and Coordination.

The consultation closes on 17 August. (Source: IAIS Consultation on Revision of Insurance Core Principles)