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Apr. 29, 2021

Regulators Engage in a Virtual Dialogue with Bermuda Monetary Authority

The NAIC and the Bermuda Monetary Authority (BMA) held a virtual meeting to discuss strategic priorities on issues of mutual regulatory interest. Participants from NAIC leadership included David Altmaier, NAIC President and Commissioner, Florida Office of Insurance Regulation; Dean L. Cameron, NAIC President-Elect, and Director, Idaho Department of Insurance; Chlora Lindley-Myers, NAIC Vice President and Director, Missouri Department of Commerce and Insurance; Andrew N. Mais, NAIC Secretary-Treasurer and Commissioner, Connecticut Insurance Department; Gary D. Anderson, Chair, NAIC International Insurance Relations (G) Committee and Commissioner, Massachusetts Division of Insurance; and Michael F. Consedine, NAIC Chief Executive Officer (CEO). The NAIC provided updates on a variety of its initiatives, including climate and resilience, the NAIC Reciprocal Jurisdiction Framework, global Insurance Capital Standard (ICS) comparability, the State Ahead strategic plan, and responses to COVID-19.