Natural Catastrophe Risk and Resilience Resource Center

NATURAL CATASTROPHE RISK MITIGATION AND RESILIENCY RESOURCES 

The Task Force will serve as the primary coordinating body for regulatory actions, engagement, communication, and discussions related to natural catastrophe risk and resilience. This includes facilitating dialogue among state insurance regulators, industry representatives, and other stakeholders. The Task Force will address a wide range of catastrophe risks including atmospheric rivers, wind, water, wildfires, severe convective storms, hail, hurricanes, landslides, and earthquakes.

2027 Proposed Charges

1.     The Natural Catastrophe Risk and Resilience (EX) Task Force will:

        A.  Implement and continue to refine and prioritize the deliverables outlined in the NAIC National Climate Resilience Strategy for Insurance and efficiently coordinate its operationalization, implementation, and communication initiatives.

       B.  Serve as the coordinating body for discussions and engagement on matters related to natural catastrophe risk and resilience. Build out partnership with stakeholders as appropriate.

       C.  Assess existing and proposed financial regulatory strategies aimed at addressing natural catastrophe risk and enhancing resilience.

      D.  Coordinate communications regarding catastrophe risk and resilience, solvency strategies and tools, and mitigation programs and discounts.

      E.  Act as a catalyst and repository for innovative ideas, vision development, and governance of the NAIC Catastrophe Risk Management Center of Excellence (COE), focusing on future resources and services for members.

2026 Charges

1.     The Natural Catastrophe Risk and Resilience (EX) Task Force will:

        A.  Implement the deliverables outlined in the NAIC National Climate Resilience Strategy for Insurance and efficiently coordinate its operationalization, implementation, and communication initiatives.

       B.  Serve as the coordinating body for discussions and engagement on matters related to natural catastrophe risk and resilience.

       C.  Assess existing and proposed financial regulatory strategies aimed at addressing natural catastrophe risk and enhancing resilience.

      D.  Coordinate communications regarding catastrophe risk and resilience, solvency strategies and tools, as well as mitigation programs and discounts.

      E.  Act as a catalyst and repository for innovative ideas and vision development for the NAIC Center of Excellence on Catastrophe Modeling and Risk Management, focusing on future resources and services for members.