The International Association of Insurance Supervisors (IAIS) publishes application paper on AI supervision
By International Association of Insurance Supervisors
The IAIS has released the final version of its application paper on the supervision of AI, updated following early 2025 consultation feedback. The paper reinforces the importance of Insurance Core Principles while outlining supervisory expectations for AI use in insurance across five key areas: risk-based supervision and proportionality, governance and accountability, robustness and security…
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