Established in 1994, the IAIS represents insurance regulators and supervisors

Established in 1994, the IAIS represents insurance regulators and supervisors of more than 200 jurisdictions in nearly 140 countries, constituting 97% of the world's insurance premiums. Its objectives are to:

• 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 to 
• Contribute to global financial stability

This website is designed to provide you with an overview of the activities of the IAIS and give you access to its publications.

Public / Stakeholder registration: click here 

Member registration: click here

To visit the Annual Conference website: click here   

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ICP 1 Objectives, Powers and Responsibilities of the Supervisor

The authority (or authorities) responsible for insurance supervision and the objectives of insurance supervision are clearly defined.

1.1	Primary legislation clearly defines the authority (or authorities) responsible for insurance supervision.

1.1.1

The authority (or authorities) responsible for insurance supervision should be clearly identified in primary legislation. Where there are multiple authorities responsible for insurance supervision (e.g. separate authorities for prudential and market conduct supervision, for macro and micro prudential supervision, or for licensing and ongoing supervision), it is important that the institutional framework and the responsibilities of the respective authorities are clearly set out in legislation for clarity and to ensure all the objectives of insurance supervision are met.

1.2

Primary legislation clearly defines the objectives of insurance supervision and the mandate and responsibilities of the supervisor and gives the supervisor adequate powers to conduct insurance supervision, including powers to issue and enforce rules by administrative means and take immediate action.

1.2.1

Publicly defined objectives foster transparency. With this basis, the public, government, legislatures and other interested bodies can form expectations about insurance supervision and assess how well the authority is achieving its mandate and fulfilling its responsibilities.

1.2.2

Being entrenched in primary legislation ensures that the mandate and functions of the supervisor cannot be changed on an ad-hoc basis. The process of periodically updating the primary legislation can promote transparency by way of public discussions on relevant issues; however, if done too frequently, stakeholders may form the impression that the policymaking process is unstable. Therefore, it would be prudent to avoid being overly specific in the primary legislation, which could be supplemented as needed with updated regulations, for example.

1.2.3

Legislation should be clearly specified and sufficiently extended so that the objectives of legal entity and group-wide supervision are allowed for and the supervisor has adequate powers to achieve these objectives.

1.2.4

The objectives of group-wide supervision could be achieved either by direct means where the supervisor has explicit authority and powers over entities within the group, including the head of the group, or via the use of an indirect approach where the supervisor has adequate power and authority over the regulated insurer to access information in respect of the head of and other entities in the group and apply relevant requirements.

1.2.5

As overall coordinator for the supervision of the group, the group-wide supervisor should have sufficient legal power and authorities in place in order to practice supervision on a group-wide basis whilst also effecting coordination and collaboration with other relevant supervisors.

1.2.6

The group-wide supervisor should have sufficient authority and power in order to coordinate and disseminate the essential information needed for reviewing and evaluating risks and assessing solvency on a group-wide basis. A group-wide supervisor ultimately should be responsible for ensuring effective and efficient group-wide supervision.

1.2.7

At a jurisdictional level, it is important that legislation supports the supervisor of an insurer which is part of a group to appropriately contribute to the supervision of that group on a group-wide basis.

1.3	The principal objectives of supervision promote the maintenance of a fair, safe and stable insurance sector for the benefit and protection of policyholders.

1.3.1

While the precise objectives of supervision may vary by jurisdiction, it is important that all insurance supervisors are charged with the objective of protecting the interests of policyholders.

1.3.2

Often the supervisor’s mandate includes several objectives. As financial markets evolve and depending on current financial conditions, the emphasis a supervisor places on a particular objective may change and, where requested, this should be explained.

1.4	Where, in the fulfilment of its objectives, the supervisor identifies conflicts between legislation and supervisory objectives, the supervisor initiates or proposes correction in legislation.

1.4.1

As markets evolve, the supervisor may identify changes in the environment that affect the fairness, safety or stability of the insurance sector that are not currently addressed by legislation. The supervisor should initiate or propose changes to legislation to ensure supervisory objectives can continue to be achieved.

15 Important Etiquette Rules That Everyone Should Know By Now.

Etiquette is all about how to conduct yourself beautifully in every situation. The basic rules of etiquette are simple. It’s a combination of proper speech, common courtesy, neat appearance, and controlling your emotions.
#1. When you say, ’I invite you,’ that means you pay. If you say, ’Let’s go to a restaurant,’ then in that case, everyone pays for themselves. If a man offers to pay for a woman, she must agree.
2. You should never visit someone at their home without making a call. In case you appear on their front door all of a sudden, you may find them in their pajamas or bathrobe.
#3. Never place your smartphone or tablet on the table when you are out. This gesture shows that your smartphone is more important than the meeting you have and people may think that you are bored. Most people will be offended if you are checking Facebook’s news feed while they are talking. That’s rude!

#4. Don’t ask a woman on a date in case you are planning to make calls and send text messages all the time.
5. Men should never carry a woman’s bag. On the other hand, they may take her coat and leave it in the cloakroom.
#6. If you are having a walk with another person, and she/he greets someone with Hello, you should say Hello as well, even though you don’t know the people.
#7. If someone offends you, you should never return the favor or raise your voice. Never sink to their level. Smile and leave the ill-mannered company.
#8. A man should always walk on a woman’s left-hand side, unless they’re in the military, because they should be ready to salute.
#9. Nine things that should never be discussed: age, wealth, family quarrels, religion, medical problems, love affairs, gifts, honor, and disgrace.
#10. In the cinema, theatre, or concert hall, you should always move to your seat facing those sitting and men always go first.
#11. Women should not be touched by men without their strict permission. In other words, taking a woman by her hand, holding her hand, pushing her or touching her while you are talking is strictly forbidden.
#12. In case someone is trying to get your attention in a primitive way (by saying something like “Hey, you there”, ignore them.
#13. When it comes to using perfumes, moderation is crucial. In case you still feel the perfume after 2-3 hours, you can rest assured that people around you will get sick of it.
#14. It doesn’t really matter whether you are a CEO, a professor, a student, a doctor or an older woman, whenever you enter some room you must greet everyone inside.
#15. Place knife and fork as shown below to let others know whether your meal is finished or if you are waiting for dessert.

The goal of such rules is to make the world a better place. Sometimes, acquiring these good manners can be hard or may need some time, but be patient and master them to perfection. That will be a great trait of your personality.
Remember, good manners never go out of style.

This Is the Reason Why Cabbage Compresses Are so Popular Worldwide!

We all know the pain and discomfort of swollen feet. Whether from a plane ride or pregnancy, an injury or simply standing too long, swollen feet is a common ailment. Beyond throwing yourself on your bed after a long day, there are a number of home remedies that can bring much needed relief.

Cabbage has been used as a folk remedy for hundreds of years to soothe painful joints. Cabbage leaves act as a diuretic, and they contain powerful anti-inflammatory compounds. Cabbage juice is rich in lactic acid, a known anti-bacterial. Applied to the skin, these compounds are remarkably effective at relieving swelling and the pain associated with it. Cabbage leaves wrapped around painful joints can help with joint pain relief.

 

• Use clean leaves and – if at all possible – ones that have been grown organically. Peel off the outer layers of cabbage and remove the hard stem. Bruise them slightly with a rolling pin or other hard cylinder.
• Use gauze or other cotton cloth to hold the leaves in place. An additional layer of plastic wrap can be applied, unless you are dressing a burn.
• Keep the cabbage wrap on the area for two to four hours. You may want to repeat the process, using new leaves. Some people apply the leaves at bedtime and keep the poultice on overnight.

Cabbage Leaves and Breastfeeding
Cabbage leaves are used by some women to help reduce breast swelling and relieve the pain and discomfort that breast engorgement or weaning a baby from breastfeeding can cause. Researchers do not know if there is a property within the cabbage itself that helps to decrease the pain and swelling, or if the swelling goes down because the cabbage leaves are acting as cold compresses.

Either way, studies show that if you’re breastfeeding and you put cold cabbage leaves directly on your breasts, it’s not only soothing, but it can be soothing can help lessen your breast pain and swelling.

Seven Indications Your Business Needs A Mobile App

Now a day's mobile apps have proved to be a robust marketing channel, it isn't proper for every enterprise to invest the time and money to support an app. Having an app means investing in really growing the app - or apps - if you wish to serve both iPhone and Android customers, as well as sources in getting folks to truly download it.
Here are 7 Indications your brand needs a cell app:
1. More than 25% of your clients are opening your e-mail on cellular
If more than a quarter of your viewers is opening your emails on mobile, it signifies that it's easier for you to attain them on their mobile machine. According to research, forty nine% of email opens in July 2015 occurred on mobile.
Yet, these figures could vary significantly, relying in your audience, your services or products and the kind of emails you might be sending. These numbers could improve month over month, so that you better check your personal numbers: are email opens on cell considerably excessive? Do they seem to be growing even further? If your answer is 'sure', it is time in your brand to have an app.
With a mobile app it is a lot simpler to focus on your mobile customers with a view to send the precise message to the correct person at the right time, thus rising your open rates even additional. In addition, cell messages are machine suitable and supply a greater consumer expertise.
2. You have lower than 35% returning guests to your website
If your aim is to create an engaged audience, desperate to return to your web site again and again to see fresh content material, read updates or interact in every other method along with your model - cellular apps must be proved your finest friend.
While with desktop or cellular web sites you must invest in building a big following on social media and spend money on advertisements each time you need your users to return to your web site, with cell apps, all you need is for them to download your app once. After that, it does not matter if the user follows you on Facebook or not, or whether they've seen your expensive retargeting adverts - whenever you want to carry a person again all it is advisable do is send them a push message. The right message on the right time will get them back, no need to spend more money on advertisements.
three. Your opponents have apps
If your competitors have already got apps, it is a nice sign. It signifies that they've finished the hard work of educating your target audience that communication in your trade is finished, amongst different channels, via mobile apps.
All that's left so that you can do is to consult your rivals apps, see what works for them and what doesn't, and create a useful app that your audience could be incentivized to obtain. They are most likely already anticipating that transfer, so be certain not to disappoint them - make your analysis quick so your brand doesn't get left behind. It can be important to verify your app is providing users with actual worth and a smooth consumer expertise.
4. Your audience is younger
If your audience is seniors over the age of 55, you in all probability don't need an app. Most of these individuals nonetheless watch TV and only a small share of them even personal a smartphone.
Millennials then again, these sixteen-34 younger adults, are spending a large portion of their time on cell. Almost 90% of them own a smartphone, in keeping with a research
Furthermore, Nine out of ten of those that go surfing on a smartphone or pill use apps on these devices, and it was discovered that they prefer accessing content by apps moderately than browsers for some forms of content material.
5. Your electronic mail click on-by-price is low
As talked about above, almost 50% of e-mail respondents will open your electronic mail on their cellular. Yet, in response to Mailchimp and Litmus, click-throughs on desktop are nonetheless 40% larger than on cell.
6. Your model is e-commerce primarily based
If your model is an e-commerce brand, relying on purchases made by guests to your website for income, a cellular app ought to be central to your online business profitability.
With cell apps, it's a lot simpler to have interaction active users and produce back dormant ones.
Use cases for e-commerce embody: announcing special gross sales, permitting customers to trace their purchases as they're delivered to them, sending a reminder for objects left within the purchasing cart and more.
In the second quarter of 2014 m-commerce noticed an astonishing progress of forty seven%, in contrast with solely 10% growth in e-commerce.
7. You have a brick and mortar retailer
E-commerce manufacturers usually are not the only benefactors from the expansion in cellular commerce. A examine carried out by the Local Search Association revealed that seventy eight% of cell searches for local companies ended up with a purchase.
With mobile apps, brick and mortar retailers together with eating places, bars and entertainment venues can target users by geographic location. This allows them to offer guidance, updates and discounts to any of their clients reaching a certain distance of their store. They may increase in store purchases and ship messages to dormant customers based mostly on their last exercise or different related information.
The options are unlimited, and with customers downloading your app you at the moment are able to launch inventive campaigns focused to individual customers.
If one or more of the above apply to your brand, it's time to start researching and constructing a strategy to have your own mobile app. Whether it is best to construct the app in-home or rent an company.
Arun Kumar works at Prima Business Solutions, A cellular apps development company based in London. With potential clients all across the Untited Kingdom, we cater to each startups and large organizations. Arun has a fun and frolic persona and he loves to put in writing about expertise and mobile app development articles.
Arun Kumar is working as an internet marketer in a UK based IT company, providing Web software growth and cell app improvement providers... (present bio)

Solution For Legal Translation

If Judiciary or court docket is your skilled area, there is no need to explain the term 'legal translation' to you. However, authorized translation is not applied within the judiciary discipline solely relatively it has huge software on deeds, citation and so forth. Usually authorized translation means to translate any text inside the field of law. Since it's fairly a hard activity and there is no room for mistranslation, none but professionals are required for legal translation and scholarly writing. So, in an effort to translate authorized paperwork, you must find a reliable and pro degree translation as a result of a single mistranslation in a deed or contract paper could lead you to considerable loss of cash. However, finding such translator shouldn't be that easy in addition to time consuming. But in present days there is no such thing as a must search for particular person translator the place several web sites are prepared to do that job for you. Besides these website will not be deal with particular type of translation, fairly they provide various translation providers resembling technical translation, authorized translation, engineering or scientific doc translation and so forth. Such a reliable website for translation service is "Sydney Translation Service".
Considerable Factors for Quality Legal Translation
As I stated earlier, authorized translation is bounded by the field of law and want to maintain tradition depended factors in accordance with the source doc or source text. So, supply textual content gives the construction of sentence which is the reflection of legislation or tradition. The translated doc or target text wants to fulfill this cultural construction accordingly so that there is no slight violation of cultural manner, precise that means or jurisdiction. This is why authorized translation focuses extra into clear definition of rights, duties, obligation, and different contract specific so that these factors stay unchanged after translation. This just isn't all but legal translation usually require certificates of accuracy. In case of translating documents concerning wills, articles of incorporation, trusts, depositions, immigration, property exhibit ranges usually ask for the presence of translator.
Difficulties of legal translation
Since legal translation want to maintain the unique construction of source document, some word or time period which are immediately related to the culture or method of source document might discovered improper irrelevant for goal language. In these instances translator has to search for the most appropriate equal phrases and linguistic structure that matches with those in supply text. However, problem arises when deciding on equal phrases or linguistic construction since there are occasions when equal time period may present little relation with the unique term or construction and causes alternation in meaning. In order to avoid this, translator usually has to keep some phrases or terms unchanged in the translated document. Sometimes these unchanged terms or names also create confusion throughout trial or testimony since legal professionals and judges won't acquainted with these overseas phrases or words thus they want the assistance of courtroom interpreters and translators for word for word translation. However phrase to word translation to the target language might sounds a collection of meaningless phrases and creates extra confusion. This is why many translators select to stick with the standard manner of authorized translation fairly than utilizing unchanged word or term in translated document.
About Sydney Translation Service and its translation companies
Being an Australian based mostly Translation Company; Sydney Translation Service is licensed by Australian authorities and devoted to full-time skilled translation service. This company has recruited more than five hundred full-time skilled translators, proof-readers, editors, interpreters and copywriters thus capable of offering quality translator according to customer's requirement in addition to legal translation. Their language coverage is great as effectively since they will provide translation over forty different languages. Sydney Translation Service affords numerous translation companies thus it is the perfect platform for many who seek for translators however having different requirement. In technical field, they supply translation associated to engineering, mining & building, medical and so forth. Federal, authorized quotations, authorized translation, state or local government associated companies are inside judiciary or court docket sector translation services. Beside specific sectors they also present miscellaneous providers like, immigration, tutorial, HR coaching documentation, accounting & monetary, advertising and website associated translation providers.
Translation rates
For a legal translation or another translation, charging for service will depend on the amount of the doc, degree of difficulty and time line. Moreover translation charges rely on translation type as well. For example; authorized translation charge is a bit increased than rate of website translation. Sydney Translation Service present comparatively low translating cost and offers low cost of 5-10% if the amount of the document exceeded 80,000 words.
So, in case you are searching for a dependable supply for authorized translation, I suggest you to try Sydney Translation Service for once. Their accuracy degree in authorized translation is quite high and so they have a great number skilled translator in their translation service company so, you may entrust them with your invaluable document and anticipate a precise authorized translation of it.

Tariffs And Energy Management 2

a) Electricity value
b) Advantages and disadvantages of power factor
i) Main bus bars
a) Power saving Calculate
c) Explanation of the graph
5. Miniature fluorescent lamp and peculiar GLS lamps
a) Advantages and drawbacks of fluorescent lamp and extraordinary GLS lamps
b) Cost of Miniature fluorescent lamp and extraordinary GLS lamps
1a) Discuss briefly the elements governing tariff structures.
The tariff construction of vitality is governed by the components:
Demand
The demand degree of power will decide the tariff construction of vitality, when the demand is excessive the tariff is more likely to be low and when the demand is low the tariff is more likely to be high.
Rate
The charge charge of unit consumption of energy may also decide the construction of vitality tariffs; the speed is the unit cost of 1 unit of vitality consumed.
Distribution voltage
The distribution voltage can even determine the structure of vitality tariff when the distribution voltage is excessive then the tariff is more likely to be high.
User utility:
The different issue that determines the construction ids the consumer application, this is whether or not the consumption is for home utility or for industrial or industrial functions.
Accounting methods
The other determining issue is the accounting methodology used in figuring out the consumption stage of electricity, essentially the most used software of determining the consumption degree is the usage of electric meters that determine the watt consumption degree over a time frame.
Social and economic components:
The structure of vitality tariff may even be decided through considering the social and economic elements in a region, the adoption of a certain construction will take into accounts other elements of a region.
1b) Describe a typical tariff for:-
i) domestic consumers
The domestic consumer can pay for the variety of models consumed per thirty days, these fees may embrace a month-to-month standing cost, for example the rate will likely be charged per KWH, for example a domestic consumer could also be required to pay a twenty dollar standing charge and along with this pay 40 cents per KWH. The tariff can even change in terms of peak and off peak consumption, peak items will likely be charged larger than off peak.
ii) industrial customers
An industrial consumer will still pay a standing month-to-month charge if applicable, he may even be required to pay for the variety of items consumed per 30 days, for industrial consumption of power the consumer will pay much less due to bulk consumption than the home consumer, peak prices can be larger than the off peak expenses and summer season tariffs may even be different from the winter charges the place winter fees will likely be greater than the summer tariffs.
2) A factory with a foundry and a machine store has a maximum demand of 750 kW and a load factor of 0.2. The tariff is 20 Pound/kW of maximum demand + 4 Pence/kWh of vitality consumed.
a) Calculate the annual price of electrical energy.
Load factor = (KWH/ whole KWH) X 100
0.2 = (750/ Y)
Cost for max demand 750 X 20 = 15000
Total value = 15000 +150 = 15150 pounds
b) Discuss briefly a method by which the energy price of the manufacturing unit could also be reduced with out lowering the number of kWh consumed.
Because most of tariffs are charged higher during peak hours then the agency could cut back the cost of energy by utilising the off peak hours when the tariffs are lower. Lower vitality prices can be achieved by decreasing the load factor of the agency, if the firm achieves a lower load elements then the price of power can be lower which can be achieved without reducing the variety of KWH consumed.
3a) State one technique of elevating the general energy factor of an industrial load.
Use of an energy corrector either passive or lively (PFC)
3b) Discuss briefly the benefits and disadvantages of making use of power issue correction at:
i) the main bus bars
Advantage:
The use of a filter can reduce the harmonic current
Disadvantage:
The rectifier used in this case is non linear and subsequently there's energy on the harmonics of the frequency of the input current.
The above drawback also posses an issue to the energy providing company as they can't rectify this downside, whereby they cannot use capacitors to rectify the harmonic present
ii) individual hundreds
It is a useful technique inpower factor correction
It is straightforward to adjust the correction stage because the correction acts as a variable capacitor
Disadvantages:
It will not be price effective because it requires the set up on each load or machine
4) A manufacturing facility has most demand of 400 kW at a lagging power factor such that 600 kVAr of re-lively power must be supplied.
The tariff in operation includes a most demand charge of 12 Pound/kVA.
Consider the effect of adding capacitor banks to the system in SIX phases, each drawing 100 kVAr leading. The capital fees on every 100 kVAr bank are four hundred Pound per annum.
a) Calculate the net saving and total power issue at every stage.
Power factor = actual energy (p) watts/ apparent power (s) volt amperes
S2 =P2 + Q2
preliminary
zero
593.9994338
1079.999122
1457.998975
1727.99892
1889.998907
1943.998906
b) Plot a graph of internet saving (vertically) against total power issue (horizontally)
c) Explain what your results and graph present.
From the above graph it's clear that as we improve the number of bank capacitors the response vitality is lowered till it is zero, the agency makes a save on their price of energy as shown above.
5) Energy-efficient lamps are miniature fluorescent lamp designed to switch abnormal GLS lamps.
a) Discuss briefly the advantages and downsides of energy-efficient lamps in contrast with different sources of illumination.
Advantages of miniature fluorescent
Longer life span
Cannot be used at low voltages
Do not lender desired color
Advantages of GLS lamps
They lender good color
Consume extra energy
Short life span
b) Obtain manufacture's data and evaluate the full cost of utilizing an power-efficient lamp with that of an peculiar GLS lamp, assuming illumination is supplied for 8000 hours.
GLS price in kilos
Florescent value in kilos
Electricity bulbs (2007) benefits and drawbacks of GLS and florescent, retrieved on thirteenth October
The E Shops(2007)bulb prices, retrieved on 13th October
Lewis Evans (2006) Alternating Currents, Victoria University Press, New Zealand
Author is associated with which is a world Research Papers and Term Papers Writing Company. If you would like help in... (present bio)

How Business Growth is Impacted by Education

As right stated by Nelson Mandela “Education is the most powerful weapon which you can use to change the world. Any experience that has a formative effect on the way one thinks, feels, or acts may be considered educational. Education is the factor that influences owner mangers entrepreneurial success.

For the success and growth of any business, communication skills, team working , having a business mind, innovation and a positive attitude are the most important ones. These skills needs to be taught via formal education  where the young people are prepared to face challenges in a virtual situation, where they are formally shown how to speak to people in a better manner, how to tackle business obstacles and coming up with innovative strategies for the business to survive and grow in the competitive environment. A lot of information is available on the topics which may not directly provide solution to our business problems, it is the education that formally points out to the resources and to the ways such resources can be helpful to tackle the current situation facing business.

The diversity of the educational level of the 10,000 Small Businesses is a hallmark of the program, and business growth is achieved by business owners with all types of educational backgrounds. With the exception of having less than a high school degree (60% grow revenues at six months) and a high school degree (75% grew revenues at six months), all the rest of the educational levels’ revenue growth rates are similar across educational attainment levels, with more variation seen in the creation of jobs. At the six month point, the educational attainment categories with the most job creators are Associate Degrees (52%) and Some College/No Degree (49%).

Entrepreneur’s ages have also been a popular point of discussion in the media, with focal points often either millennials or those considered older. While our numbers of participating business owners in some of these age categories are still small, intriguing themes are emerging. Our youngest business owners (those under 44) who grow the revenues are the most likely to increase their growth between the six and 18 month follow-ups. Also, when looking at what happened by 18 months after program completion, the number of businesses with younger owners that grew by more than 100% nearly doubled.

The purpose of education is to replace an empty mind with an open one. Education grooms young potential youth to be the future face of business with innovation and continual growth.