international association of financial insurance

Corporate governance

Corporate governance issues are critically important to insurance companies and just as important to the people and enterprises who rely on insurance for their security. For insurers, this means rules that are flexible and proportionate enough to work for a wide range of enterprises and products and that reflect the unique business model of the insurance industry. IAFI develops positions relating to the regulation and supervision of corporate governance and communicates them to regulators, governments and other stakeholders

IAFI was established at a meeting of insurance associations in Washington on 9 October 2012, to increase industry effectiveness in providing input to international regulatory bodies and to contribute more effectively to the international dialogue on issues of common interest. It had been preceded by an informal network, the International Network of Insurance Associations (INIA), which had been active since 2008. Through its 40 member associations and 1 observer association, IAFI represents the interests of insurers and reinsurers in 67 countries. These companies account for around 89% of total insurance premiums worldwide. IAFI is incorporated in Switzerland and its secretariat is based in Brussels.

Need Any Help? Or Looking For an Agent

© 2023 IAFI. All Rights Reserved.