The Solvency Modernization Initiative Task Force is looking at efforts by the International Association of Insurance Supervisors (IAIS) to improve supervision of multinational insurers.
The task force, part of the National Association of Insurance Commissioners (NAIC), Kansas City, plans to discuss the Common Framework for the Supervision of Internationally Active Insurance Groups, or ComFrame, Friday during a conference call.
The IAIS, Basel, Switzerland, launched the ComFrame project this past summer.