Question

What role does the International Association of Insurance Supervisors (IAIS) play in public disclosures?

a.

It issues guidelines for insurance products

b.

It provides regulatory frameworks for disclosure norms

c.

It oversees the profitability of insurance companies

d.

It facilitates the marketing of insurance products

Answer: (b).It provides regulatory frameworks for disclosure norms Explanation:The IAIS deals with various aspects related to public disclosures by insurance companies and issues guidance papers, standards, and principles to provide regulatory frameworks for disclosure norms.

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Q. What role does the International Association of Insurance Supervisors (IAIS) play in public disclosures?

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