Which statement about FAWG is true?

• A. FAWG issues regulatory licenses.
• B. FAWG coordinates cross-border treaties.
• C. FAWG publishes consumer protection reports.
• D. FAWG coordinates collaboration to address potentially troubled insurers.

Answer: (D)

FAWG is aimed at coordination among insurance supervisors to monitor and address insurers that may be distressed. This role—sharing signals about financial health, coordinating supervisory actions, and enabling early intervention across jurisdictions—best describes its purpose, since the group’s value is in preventing an insurer’s troubles from spreading and protecting policyholders and market stability. The other statements don’t fit this function: issuing regulatory licenses is the job of a licensing regulator; coordinating cross-border treaties is typically handled at higher governmental or international negotiation levels; publishing consumer protection reports is usually done by consumer protection bodies rather than a group focused on insurer distress.