The IAIS (International Association of Insurance Supervisors) convened the 2017 Global Seminar in Old Windsor, United Kingdom on June 29-30, 2017.
During the session on ComFrame II: Looking toward adaption, Mack made a remark from the floor to update the work of APFF Insurance and Retirement Income Work Stream to promote long-term investments and longevity solutions of insurers and pension funds, and pointed out the importance of taking account the potential growth in designing solvency requirements.
Mack’s remark starts at 54:03
Duting the session on IFRS 17 – Pivoting Towards Implementation, Mack pointed out the impact by IFRS17 on not only financial reporting but also solvency assessments in many APEC economies. He also informed the participants about the APFF Round Table on Insurance Regulations and Accounting that will take place on October 31, 2017 in Hong Kong.
Mack’s remark starts at 44:14