Insurance Framework

The Authority is committed to implementing and maintaining a robust and up to date insurance supervisory framework that is appropriate to the Island’s insurance businesses, as well as being consistent with the Authority’s regulatory objectives and relevant international standards.

The international standards applicable to effective insurance supervision are the Insurance Core Principles (ICPs) issued by the International Association of Insurance Supervisors (IAIS). Further details of relevant international standards may be found by clicking the INTERNATIONAL STANDARDS link opposite.

An Insurance Framework Update with details of current development priorities can be found here.