The NAIC is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. As such, it develops regulatory guidance on how to evaluate risk transfer and insurer solvency. Additionally, the NAIC’s many Committees, Task Forces and Working Groups serve as a forum for insurance regulators to collaborate and discuss issues related to risk transfer and/or climate risks.
Type of institution
Insurance industry
Region
North America
Risks
Rain-related
Heavy rain/Flood
Drought
Temperature-related
Heatwave
Others