Seeking alignment of regulatory requirements in North America with insurance industry sound practices in risk management, and harmonization of these requirements across jurisdictions
Seeking alignment of rating agency capital and liquidity assessments with sound industry practices in risk management
Promoting the development and assessment of capital requirements based, in part, on internal company-developed risk models, and the appropriate recognition of the benefits of risk identification, risk controls, and risk diversification
Influencing the development of new risk disclosures, as they may be required by regulatory bodies, by developing considered responses to such regulatory proposals
Producing and distributing occasional position papers on topical risk management issues
Committee Structure
Executive and Administration
Sound Practices
Model Risk
Big Data
Cyber Risk
Operational Risk
External Affairs
State Regulatory Developments
International & Federal Regulatory Developments
The North American CRO Council Inc., was incorporated in the state of Delaware in 2012.