NAIC Members Discuss Reinsurance and More at ABIR Dialogue
On Sept. 5–6, National Association of Insurance Commissioners (NAIC) Members and staff participated in the Association of Bermuda Insurers & Reinsurers' (ABIR) 17th Annual International Insurance Regulatory Dialogue, which gathered over 60 policymakers and industry stakeholders for two days of discussions on key issues facing the insurance and reinsurance industries.
On his panel, NAIC President and Connecticut Insurance Commissioner Andrew N. Mais provided insights into the strength (and challenges) of the U.S. reinsurance market. NAIC Secretary-Treasurer and Rhode Island Department of Business Regulation Director Elizabeth Kelleher Dwyer discussed the impact of women leaders in the insurance industry, and NAIC Past President and Idaho Department of Insurance Director Dean Cameron, who serves as vice chair of the NAIC’s International Insurance Relations (G) Committee, highlighted ongoing regulatory developments in the U.S. and elsewhere, as well as their potential effects on reinsurance.
(L-R: NAIC Past President and Idaho Department of Insurance Director Dean Cameron, NAIC Secretary-Treasurer and Rhode Island Department of Business Regulation Director Elizabeth Kelleher Dwyer, and NAIC President and Connecticut Insurance Commissioner Andrew N. Mais.)
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.