About the IAIS

Established in 1994, the IAIS is a voluntary membership organization of insurance supervisors and regulators from more than 200 jurisdictions, constituting 97% of the world's insurance premiums. It is the international standard-setting body responsible for developing and assisting in the implementation of principles, standards and other supporting material for the supervision of the insurance sector.  The IAIS also provides a forum for Members to share their experiences and understanding of insurance supervision and insurance markets. In recognition of its collective expertise, the IAIS is routinely called upon by the G20 leaders and other international standard setting bodies. 

THE IAIS MISSION
The mission of the IAIS is to promote effective and globally consistent supervision of the insurance industry in order to develop and maintain fair, safe and stable insurance markets for the benefit and protection of policyholders and to contribute to global financial stability.

THE IAIS COMMITTEE SYSTEM
Under the direction of its Members, the IAIS conducts activities through a committee system designed to achieve its mandate and objectives. The IAIS committee system is led by an Executive Committee whose members come from different regions of the world. The Executive Committee is supported by five Committees established in the By-Laws – the Audit and Risk, Budget, Implementation and Assessment, Macroprudential and Policy Development Committees – as well as by the Supervisory Forum. Committees may establish subcommittees to help carry out their duties. Click here to view current committees and subcommittees and their membership.  

THE SECRETARIAT
The activities of the IAIS are supported by its Secretariat located in Basel and headed by a Secretary General.