IAIS Consults on G-SIIs and NTNI: Are G-SIIs Sellers of Non-Core and NTNI Business Units?
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Key takeaways
- The International Association of Insurance Supervisors (“IAIS”) has begun a public consultation on an updated Global Systemically Important Insurers assessment methodology.
- The IAIS has also begun a public consultation on an analytical framework for Non-Traditional Non-Insurance activities and products.
- Feedback is due on both consultations by 25 January 2016 and the IAIS intends to implement the results in 2016.
- This could lead to increased downstream M&A opportunities as G-SIIs divest NTNI business.