WASHINGTON (Jan. 30, 2020) — The NAIC hosted a meeting with stakeholders to discuss the Aggregation Method (AM) and comparability assessment as part of the broader Insurance Capital Standard (ICS) project under the International Association of Insurance Supervisors (IAIS). The meeting was intended to help inform ongoing work at the domestic and international levels on the AM and the comparability assessment in the near and longer term. Nearly 70 people attended the session in person along with several participants joining by phone.
NAIC Hosts International Stakeholder Meeting
About the NAIC
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. For more information, visit www.naic.org.