IAIS Insurance Core Principles (ICPs)
ICP 21: Countering fraud in insurance – IAIS Insurance Core Principles (ICPs)

IAIS Insurance Core Principles (ICPs) 21.2: Understanding of fraud risk types, regular sector assessment and required countermeasures

What does 21.2 require?

The supervisor has a thorough understanding of the types of fraud risk insurers and intermediaries face, regularly assesses the potential fraud risks to the sector, and requires insurers and intermediaries to take effective measures against them.

Maintained by Gerard BlokdykControl text last updated

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