Mission Statement

The mission of the Group of North American Insurance Enterprises (GNAIE) is to assist North American and global standard setters and regulators in cooperation with the global insurance industry and with insurance and other financial services industry trade associations:

• To support high quality insurance accounting standards that are useful, understandable, comparable and reliable; that preserve the insurance industry’s level-playing field access to global capital markets; and that provide good disclosure to the insurance industry’s diverse constituencies;

• To support high quality insurance solvency standards that provide useful and effective statutory solvency measures to protect the interests of policyholders and other stakeholders while encouraging competitive insurance markets; and

• To enhance cooperation, education and communication regarding insurance accounting and solvency among the insurance industry’s standards setters, regulators, and diverse constituencies.