Key takeaways:

• This client update elaborates on our previous note regarding the International Association of Insurance Supervisors (the “IAIS”) annual conference in Amsterdam on October 20-25, 2014.
• During the conference, the IAIS announced the adoption of final Basic Capital Requirements for Global Systemically Important Insurers, and discussed other insurance regulatory capital issues.
• Conference participants also discussed resolution planning, group supervision and governance and insurance in emerging markets.