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October 25, 2016
Financial Services Agency

FSA and NAIC held the sixth meeting of the Insurance Regulatory Dialogue

On Oct 21, 2016, the Financial Services Agecy (FSA) and the National Association of Insurance Commissioners (NAIC) held the sixth Insurance Regulatory Dialogue in New York to discuss the common regulatory issues and facilitate regulatory cooperations.

The dialogue included updates from U.S. regulators on cybersecurity, principle-based reserving (PBR) and the group capital calculation. The JFSA offered updates on Japan’s Own Risk and Solvency Assessment (ORSA) reporting and its amended Insurance Business Act implementation. The regulators also exchanged their views on the IAIS risk-based global insurance capital standard (ICS).

The press release published by NAIC is available hereopen new window.


Financial Services Agency
Tel +81-(0)3-3506-6000 (main)
Office of International Affairs, Planning and Coordination Bureau
(ext.3192, 3122)

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