Seek alignment of regulatory requirements in North America with insurance industry sound practices, and harmonization across jurisdictions
Influence and inform through responses of potential new risk disclosures and position papers
Promote the development and assessment of capital requirements, recognizing internal company-developed risk models and risk identification, controls and diversification
The Council runs several committees that focus on financial risk, non-financial risk, strategic risk, regulatory affairs, governance and external stakeholder engagement.
We focus on developing relationships with external organizations, other than insurance companies, and an ongoing communication plan with those organizations to allow the N.A. CRO Council's position on key regulatory initiatives, financial risks, non-financial risks or risk management practices more generally to be shared.
17 Jul, 2024
On July 17, 2024, the North American Chief Risk Officer Council held a webinar about diversity in risk management. It included perspectives from a panel of industry experts, and will focus on the important role diversity, equity, and inclusion plays in maintaining a positive working environment and its impact on risk management.
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