France: Financial Sector Assessment Program-Detailed Assessment of Observance-Insurance Core Principles

Volume/Issue: Volume 2025 Issue 243

Publication date:

ISBN: 9798229022767

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Summary

This assessment of insurance supervision and regulation in France was carried out as part of the 2024 Financial Sector Assessment Program (FSAP). This assessment has been made against the Insurance Core Principles (ICPs) issued by the International Association of Insurance Supervisors (IAIS) in November 2019. The assessment includes the standards of the Common Framework for the Supervision of Internationally Active Insurance Groups (IAIGs) (ComFrame). It is based on the laws, regulations and other supervisory requirements, and practices that were in place at the time of the assessment in December 2024.