The International Association of Insurance Supervisors proposes to limit participation of “observers”—including insurance industry associations, lawyers, consultants, non-governmental organizations and consumer advocates.
In an Oct. 11 memo, the IAIS tells observers they ”will not take part in Task Force, Working Group or Committee meetings,” except in certain sessions or dialogues. Instead, observers can submit written comments in response to surveys or questionnaires “as necessary.”
How much observers are held at bay from key subcommittee work is still up for discussion, according to sources in Taipei, site of an upcoming IAIS meeting. If the memo stands as policy the industry, whp pay hefty dues to be an “observer,” would be walled off from the process.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
