A system of measuring insurers' financial stability set up by insurance industry regulators. An example is the Insurance Regulatory Information System (IRIS), which uses financial ratios to identify insurers in need of regulatory attention.

"Early Warning System" In Context

"His report calls for Increased staffing to manage the loans; The creation of an advisory board to oversee the program; and An early warning system to monitor the market and loan recipients’ performance. “What’s important is to manage the ..."