NAIC Panel to Inspect ComFrame

The IAIS hopes to develop methods for supervising insurers that do business in two or more countries; establish a “comprehensive framework for supervisors to address group-wide activities and risks and also set grounds for better supervisory cooperation”; and “foster global convergence of regulatory and supervisory measures and approaches.”

The NAIC sponsored a symposium on regulation of international insurance groups in July, and the task force also will talk about the views expressed during that symposium.