Background
The purpose of an economic value-based solvency regulation is to properly evaluate insurers’ financial positions through economic value-based valuation of both their assets and liabilities. It is also expected to facilitate the enhancement of insurers’ risk management. The FSA has held dialogues with various stakeholders on the matter, keeping in mind the possibility of introducing a new regulation in line with the timeline of the development of the ICS (Insurance Capital Standard). In doing so, the FSA has also been conscious of the potential unintended consequences of a new regulation under the current economic environment.
Against this backdrop, the FSA has established the “Advisory Council on the Economic Value-based Solvency Framework” to seek directions for the future introduction of an economic value-based solvency framework in Japan, while also taking into account global developments on the matter.
Against this backdrop, the FSA has established the “Advisory Council on the Economic Value-based Solvency Framework” to seek directions for the future introduction of an economic value-based solvency framework in Japan, while also taking into account global developments on the matter.
Members
Final Report
Minutes and Materials
- The 10th Meeting on May 20, 2020
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Material
(Available in Japanese)
- The 9th Meeting on March 6, 2020
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Material 1
(Available in Japanese)Material 2
(Available in Japanese)
- The 8th Meeting on February 13, 2020
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Material 1
(Available in Japanese)Material 2
(Available in Japanese)
- The 7th Meeting on January 20, 2020
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Material 1
(Available in Japanese)Material 2
(Available in Japanese)Material 3
(Available in Japanese)
- The 6th Meeting on December 20, 2019
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Material 1
(Available in Japanese)Material 2
(Available in Japanese)
- The 5th Meeting on November 18, 2019
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Material
(Available in Japanese)
- The 4th Meeting on October 21, 2019
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Material 1
(Available in Japanese)Material 2
(Available in Japanese)
- The 3rd Meeting on September 20, 2019
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Material 1
(Available in Japanese)Material 2
(Available in Japanese)Material 3
(Available in Japanese)
- The 2nd Meeting on August 28, 2019
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Material 1
(Available in Japanese)Material 2
(Available in Japanese)Material 3
(Available in Japanese)
- The 1st Meeting on June 26, 2019
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Material 1
(Available in Japanese)Material 2
(Available in Japanese)Material 3
(Available in Japanese)