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International Monetary Fund Gives NAIC High Marks

The report acknowledges the important role that the national state-based system of insurance regulation played in providing strength and stability during the financial crisis,...
May 18, 2010

The National Association of Insurance Commissioners (NAIC) received high marks from the International Monetary Fund's (IMF) Financial Sector Assessment Program (FSAP).

The report acknowledges the important role that the national state-based system of insurance regulation played in providing strength and stability during the financial crisis, noting that "strong regulation contributed to the overall resilience of the insurance sector." The IMF assessment report acknowledged areas where the NAIC and state insurance regulators are "world leading," including national data collection and analysis capabilities.

State Regulators Receive High Marks in IMF Assessment (NAIC 5/17/10)