In this episode of The Riffle, we break down ADGM’s proposed update to the Insurance Regulatory Framework, as set out by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market .

We unpack how the FSRA is seeking to modernise insurance and reinsurance regulation through a more risk-sensitive, economic capital-based approach aligned with leading global standards such as Solvency II, the Bermuda BSCR, and IAIS principles. The episode explores the proposed introduction of the ADGM Solvency Capital Requirement (ASCR), tiered own funds, internal model options, and a clearer intervention framework tied to capital adequacy.

The discussion also examines forward-looking reforms aimed at fostering innovation, including synthetic sidecars, the development of an Insurance-Linked Securities (ILS) market, expanded investment flexibility under the Prudent Person Principle, and the evolving treatment of alternative, digital, and related-party assets. We further highlight enhancements to group supervision, governance, recovery and resolution planning, and the broader implications for reinsurers, insurers, and capital providers operating in ADGM.

A clear, practical overview for boards, senior management, risk and compliance teams, and market participants assessing how the proposed framework could reshape prudential regulation, capital strategy, and innovation within ADGM’s insurance ecosystem.

🎙️ Presented by 10 Leaves