So that insurers can continue their role as major long-term investors in the economy, it is vital that policymakers set capital requirements for insurers’ investments at the right level.
If those requirements are too high, it could become too expensive for insurers to continue making the long-term investments that underpin much of the global economy.
GFIA represents the industry in various international discussions about capital requirements to ensure that they are set at an appropriate level and reflect the real risks faced by insurers.
Click here for the international regulation article contributed by Jonathan Dixon of the IAIS to GFIA’s 2019-20 Annual Report.
Click here for the capital article from GFIA’s 2019-20 Annual Report.