-
Seek alignment of regulatory requirements in North America with insurance industry sound practices in risk management, and harmonization of these requirements across jurisdictions.
-
Seek alignment of rating agency capital and liquidity assessments with sound industry practices in risk management
-
Promote 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
-
Influence the development of new risk disclosures, as they may be required by regulatory bodies, by developing considered responses to such regulatory proposals
-
Produce and distributing occasional position papers on topical risk management issues.