Mack authored an article titled “Tao of Macroprudential Supervision – Yin and Yang” for Geneva Association’s PROGRES newsletter in June 2012.
This article is based on Mack’s presentation in the Panel on Macroprudential Surveillance on September 29, 2011, during the 18th IAIS Annual Conference that took place in Seoul.
The theme for the 2011 Annual Conference, hosted by the Financial Services Commission and the Financial Supervisory Service of Korea was “Toward a New Horizon for Insurance Supervison: Cross-Sector and Cross Border Harmonization and cooperation”
The Panel was moderated by Ms Terri Vaughan, CEO of the National Association of Insurance Commissioners (NAIC) and focused how to address systemic risks, taking into account the specific nature of insurance business and achieve a balance between consumer protection and financial stability with the following panelists:
- Mr Michael McRaith, Director, Federal Insurance Office, United States
- Mr Lee Sang-Chee, Financial Services Commission, Korea
- Mr Patrick Lietzke, Secretary General, Geneva Association
- Mack Okubo, General Manager, Nippon Life
Here is the transcript of Mack’s speech during the panel