The National Association of Insurance Commissioners, through Wisconsin Insurance Commissioner Nathan Houdek in his role as chair of the NAIC Financial Condition (E) Committee, set out how U.S. insurance regulators are reassessing financial oversight to reflect shifts in insurers’ investment strategies. He pointed to ongoing work to update accounting standards and the NAIC’s Risk-Based Capital modernization project. The remarks were delivered on a panel at Insurance Europe’s 15th Annual Conference in Brussels titled “Powering Savings and Growth: Insurers and Investors”, which examined the changing insurance investment landscape and regulatory efforts to keep pace. Houdek also underscored the importance of international collaboration as investment markets increasingly operate across borders.
National Association Of Insurance Commissioners 2025-06-09
National Association of Insurance Commissioners outlines accounting updates and RBC modernisation as it reexamines oversight of insurer investments
The National Association of Insurance Commissioners, led by Wisconsin Insurance Commissioner Nathan Houdek, is reassessing U.S. insurance financial oversight due to shifts in insurers' investment strategies. Key initiatives include updating accounting standards and advancing the NAIC's Risk-Based Capital modernization project. Houdek emphasized the need for international collaboration amid increasingly global investment markets.