The Geneva Association has recently published a report on group-wide risk and capital management of internationally active insurance groups (IAIGs). This report analyses existing IAIG risk and capital management practices around the world. It is intended that the report will contribute to the International Association of Insurance Supervisors' (IAIS) ComFrame project (which aims to create a supervisory framework for IAIGs). The report is based on information received by the Geneva Association from 19 insurance groups. The report highlighted a concern that ComFrame could lead to additional reporting, a greater workload, increased costs and potentially higher capital requirements. It also emphasised that ComFrame should be sufficiently flexible to allow for differences between IAIGs owing to their business models, portfolio management or geographical spread of their operations.