International Insurance Relations (EX) Leadership Group
Executive (EX) Committee
The mission of the International Insurance Relations (EX) Leadership Group (IIRLG) is to develop, coordinate, and implement the NAIC’s international initiatives, and to coordinate between NAIC standing committees, including the International Insurance Relations (G) Committee and the Executive (EX) Committee. The Leadership Group will devise strategies for NAIC action and promote the participation of all NAIC members in the NAIC’s international relations initiatives.
Charges:
- Monitor and analyze federal legislative/regulatory actions with international implications regarding financial services and other issues of importance to the NAIC membership.
- Work with other standing committees, task forces, and working groups, help develop and communicate NAIC’s policy views to the IAIS, during regulator-to-regulator dialogues, and in other international organizations on pending standard-setting issues by personal involvement of NAIC members through leadership roles, presentations, correspondence, and attendance at meetings.
- Develop a strategy and program for directly engaging NAIC members with non-US insurance supervisors and international organizations in coordination with other NAIC standing committees and groups, where appropriate.
- Promote the benefits of the US insurance regulatory system and importance of being active internationally.
- Report to the Executive Committee on all activities and matters relating to the annual charges of the International Insurance Relations Leadership Group.
- Oversee the NAIC coordination of the review of the U.S. insurance sector in the Financial Sector Assessment Program (FSAP).
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