Revision ICP 17 - Capital Adequacy

Topic area:
Status: 29.06.2023 |
Current
Key words:
Own funds
Initiative
Official name
ICP 17 - Capital Adequacy - The supervisor establishes capital adequacy requirements for solvency purposes so that insurers can absorb significant unexpected losses and to provide for different degrees of supervisory measures.
Type
Standards
Level 3 / Other
Initiator
IAIS
Submitted
Doc. code
-
Summary
Status
Status

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Current version
Consultation paper
23.06.2023
Next step
Entry into force and application
Entry into force

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Application date

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Scope
Associated initiatives
Level 1
–
Level 2
–
Level 3 / Other
Insurance Core Principles and Common Framework for the Supervision of Internationally Active Insurance Groups (binding, INT)

Source: IAIS, ICP 17 - Capital Adequacy - The supervisor establishes capital adequacy requirements for solvency purposes so that insurers can absorb significant unexpected losses and to provide for different degrees of supervisory measures., 2023