IAIS Insurance Core Principles (ICPs)
ICP 16: Enterprise risk management for solvency purposes – IAIS Insurance Core Principles (ICPs)

IAIS Insurance Core Principles (ICPs) 16.6: An explicit investment policy: risk within appetite and limits, compliance with investment rules, procedures for complex assets, counterparty appetite

What does 16.6 require?

The ERM framework must include an explicit investment policy that addresses investment risk according to the risk appetite and limits, specifies the nature, role and extent of investment activities and how regulatory investment requirements are met, sets explicit risk management procedures for complex, less transparent or less regulated assets and markets, and where necessary specifies the counterparty risk appetite.

Maintained by Gerard BlokdykControl text last updated

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