The quest for global insurance standards


March 21, 2023, 9:00 AM to 10:00 AM EDT
Virtual Event
Nicolas Véron (PIIE), Romain Paserot (International Association of Insurance Supervisors) and Kawai Yoshihiro (Japan Financial Services Agency)

Event Summary

For years, national authorities in charge of insurance supervision have been discussing international standards for capital, comparable to the Basel accords for banks, and common solvency requirements for international insurance groups. Preparations are entering a critical stage with the expected publication this summer of a public consultation on the Insurance Capital Standard (ICS) as a prescribed capital requirement.

Joining this episode of Financial Statements were:


Nicolas Véron
Senior Fellow, Peterson Institute for International Economics (PIIE)


Romain Paserot
Deputy Secretary General, International Association of Insurance Supervisors (IAIS)

Kawai Yoshihiro
Adviser to the Commissioner, Japan Financial Services Agency



About This Series

Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.