Contents: ComFrame, Living wills, SCR.
Solvency II contribution to ComFrame
The International Association of Insurance Supervisors (IAIS) acknowledged the significance of the Solvency II framework to ComFrame, the proposed international standard for group supervision. Speaking at a press conference at the IAIS Annual Conference in Seoul on 30 September 2011, Peter Braumüller, Chair, IAIS Executive Committee, acknowledge the importance of Solvency II as a regulatory framework that is being considered by some countries outside of Europe. But he added, that the IAIS needs to think globally, “From our perspective we try to get the best system, not to impose one system from one part of the world. The IAIS aims to take the best elements from each system and put them together in a consistent, comprehensive standard.” [caption id="attachment_3489" align="alignright" width="360"]![IAIS 2011 18th Annual Conference IAIS press conference, Seoul 2011](https://solvencyiiwire.com/wp-content/uploads/2011/10/IAIS-2011-18th-Annual-Conference.png)