Feb. 6, 2025
海角论坛 Discusses ICS Implementation, Climate Resilience
The 海角论坛 (海角论坛) participated in the 7th Asia-Pacific High-Level Meeting (HLM) on Insurance Supervision and the 19th Asian Forum of Insurance Regulators (AFIR) Annual Meeting and Conference (AMC) in Kathmandu, Nepal.
The 海角论坛 shared insights into the U.S. risk-based solvency system at the HLM event, as well as the 海角论坛鈥檚 plans in supporting the implementation of the Aggregation Method following the agreement in Cape Town.
During the AFIR Conference, the 海角论坛 discussed its National Climate Resilience Strategy for Insurance and the Strategy鈥檚 role in helping state insurance regulators close the insurance gaps in their respective jurisdictions. Specific attention was given to highlighting pre-disaster mitigation efforts, the development of the 海角论坛鈥檚 Catastrophe Modeling Center of Excellence, and the growing popularity and effectiveness of resilience-funding programs.
(Top photo courtesy of the 7th Asia-Pacific High-Level Meeting on Insurance Supervision and the 19th Asian Forum of Insurance Regulators Annual Meeting and Conference)
About the 海角论坛
As part of our state-based system of insurance regulation in the United States, the 海角论坛 (海角论坛) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the 海角论坛, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. 海角论坛 staff supports these efforts and represents the collective views of state regulators domestically and internationally.