IAIS Develops Higher Loss Absorbency (HLA) Requirement for Global Systemically Important Insurers
The International Association of Insurance Supervisors (IAIS) published today the first version of its Higher Loss Absorbency (HLA) requirement for global systemically important insurers (G-SIIs). The FSB endorsed this HLA measure at its 25 September Plenary meeting. More details are available on the IAIS website.