Government Relations International Archive

OECD Roundtable

NAIC Participates in OECD Roundtable in Myanmar

Rhode Island Superintendent Elizabeth Dwyer and Ryan Workman from the NAIC participated in the Roundtable on Insurance and Retirement Saving in Asia hosted jointly by the OECD, the Asian Development Bank Institute, and the Financial Regulatory Department of Myanmar. The purpose of the event was to better inform policy makers and private sector participants in Asia of key issues in the Asian market and to share experiences and good practices for the sound development of insurance and private pensions markets. Superintendent Dwyer presented the U.S. perspective and supervisory approaches as part of a panel on financing and insuring disasters in a low insurance penetration environment; Mr. Workman provided an update on regulatory developments in the U.S., focusing on innovation and technology, the NAIC's Macroprudential Initiative, and the Group Capital Calculation.