NAIC Announces CIPR Summer Event on Insurance Industry Investments in Social Infrastructure and Community Development Initiatives
The NAIC Center for Insurance Policy and Research (CIPR) will host a special session during the NAIC 2022 Summer National Meeting. The special session, titled "Gauging the Potential for Insurance Industry Investments in Social Infrastructure and Community Development Initiatives – An Industry and Regulator Initial Dialogue," takes place Wednesday, August 10, 2022, at 12:00 p.m. Pacific Time.
A recent CIPR research report, "Can Insurance Companies Help Fill the Infrastructure Gap?" highlights the topic of insurers increasingly investing in infrastructure-backed financial assets and that insurers could potentially assist in closing the infrastructure investment gap, but only if these infrastructure investments meet financial performance expectations and regulatory requirements.
In an effort to expand on its existing infrastructure research, this special session will begin a social infrastructure investment dialogue between industry and regulators, aiming to highlight industry's current appetite and approach to social infrastructure investments as well as how insurance regulators are currently and/or should be thinking through certain types of social infrastructure investments from a regulatory solvency perspective.
All NAIC Summer National Meeting attendees are welcome to attend.
About the National Association of Insurance Commissioners
As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally.