2023 Membership

2023 Adopted Charges

The mission of the Financial Stability (E) Task Force is to consider issues concerning domestic or global financial stability as they pertain to the role of state insurance regulators.

1. Manage the macroprudential supervisory component of the NAIC financial solvency framework.
   1. Monitor the U.S. insurance industry’s macroprudential risk levels.
   2. Maintain macroprudential regulatory tools.
   3. Identify data gaps and enhanced disclosure needs for the statutory financial statement and/or other reporting mechanisms.
   4. Propose enhancements and/or additional supervisory measures to the Financial Condition (E) Committee or other relevant committees, and consult with such committees on implementation.
2. Monitor U.S. macroprudential policy issues, and respond as appropriate.
   1. Support and work with the state insurance regulator representative to the Financial Stability Oversight Council (FSOC) to address confidential FSOC or other federal agency macroprudential work.
   2. Participate in public FSOC or other federal agency macroprudential work.
3. Monitor international macroprudential policy issues, and participate/respond as appropriate.
   1. Coordinate with the International Insurance Relations (G) Committee to address International Association of Insurance Supervisors (IAIS) or other international macroprudential work.