NAIC's International Internship Program
In 2004, the NAIC International Regulatory Cooperation (G) Working Group (IRC WG) sponsored an experimental training initiative through which five professional staff members from the China Insurance Regulatory Commission (CIRC) interned at five U.S. state insurance departments. The purpose was to transfer applied regulatory know-how for practical application in their home market.
Based upon the success of the 2004 pilot program, the NAIC received a class of 10 international regulators in the fall of 2005, which included insurance specialists from China, Vietnam, Korea, and Brazil. An experimental off-calendar program was also held in the summer 2005 for eight members of India’s IRDA staff. |
