Q&A: NAIC's CEO and president on group supervision, systemic risk and captives

The standard-setters

Ben Nelson at the NAIC

The National Association of Insurance Commissioners (NAIC) has a full in-tray these days. In a country where the responsibility for insurance supervision is jealously guarded by individual states, the NAIC has the unenviable task of setting standards agreeable to more than 50 different markets – the US, plus five overseas territories and the District of Colombia.

Right now the association, led by chief executive officer Ben Nelson (a former US senator) and president James Donelon, is grappling

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