U.S. Federal Insurance Office's Role in Global Insurance Supervision and Regulation (Limited Attendance Session)

This three-hour limited-attendance session with staff of the U.S. Federal Insurance Office will explore current activities of the International Association of Insurance Supervisors (IAIS) and other insurance supervisory issues of importance.  Discussion topics include:

• Designations of insurers and related policy measures
• Global Systemically Important Insurers (GSII's) designated by the Financial Stability Board
• Systemically Important Financial Institutions (SIFIs) designated  by the Financial Stability Oversight Council
• Proposed Basic Capital Requirements and High Loss Absorbency Requirements for GSII’s
• Development of a comprehensive framework of supervision for Internationally Active Insurance Groups including a risk-based global insurance capital standard

The dialogue will be with staff of the U.S. Federal Insurance Office, including Tom Finnell, Deputy Director, Regulatory Policy, and John Nolan, Deputy Director, Financial Stability.

This session will take place offsite at the Main Office of the U.S. Treasury Department, which is next door to the White House.  All attendees must register for this session in advance and provide security information by March 24.