Objectives of IAIS :

The following are the objectives of formation of IAIS:

• Promote effective and globally consistent supervision of the insurance industry in order to develop and maintain fair, safe and stable insurance markets for the benefit and protection of policyholders; and

• Contribute to global financial stability

The objectives of the IAIS are accomplished by a number of activities including the development of principles, standards and guidance for insurance supervisors, encouraging their implementation, promoting the cooperation among supervisory authorities and cooperation with other relevant international organisations.