This session will present the challenges and progress of the International Association of Insurance Supervisors' initiative to develop global insurance capital standards. The session will include speakers from IAIS who will outline the vision, the goals and the actuarial implications of this IAIS initiative. Other speakers will include a Chief Financial Officer and a Chief Risk Officer from two Global Systemically Important Insurers (G-SIIs). The speakers will provide a range of perspectives on how the process of developing three global insurance capital standards over three years is going to play out … not to mention the implementation challenges and implications for the years following.