IAIS has published a report on compliance with IAIS's Insurance Core Principles (ICPs) 1, 2 & 23. The report finds general observance by jurisdictions of the principles on the characteristics of an insurance supervisor. Compliance with the principle that insurers should be supervised on a legal entity and group-wide basis is less widespread. Authorities participating in the assessment found the definition of "insurance groups" challenging. There is also ongoing legislative reform in several jurisdictions that needs to be finalised before group-wide supervision can take place. (Source: IAIS Releases Aggregate Report for the Self-Assessment and Peer Review on ICPs)