Archive for November 2021
Q: Who At AIG Was Responsible for Securities Lending?
Q: Who at AIG Was Responsible for Securities Lending? AIGFP and AIG Securities Lending – Connected? Outside of the holding co., the insurance subs have about $68B in securities lending liabilities to the 12 largest firms. Program is managed by the holding company (AIG Financial Products). 2008 0912 – FCIC – 2008-09-12 Alejandro LaTorre Email…
Read MoreQ: Did Insurance Regulators tell AIG to Wind-Down their Securities Lending Business?
Q: Did Insurance Regulators tell AIG to Wind-Down their Securities Lending Business? This regulator said it began discussions with the company about securities lending in 2006. ⇒ AIG told us it was unaware of the regulator’s concerns. (p15) 2011 09 – GAO – Review of Federal Reserve System Financial Assistance to American International Group, Inc…
Read MoreBonk – Index
Bonk – Index ABCDEFGHIJKLMNOPQRSTUVWXYZ# A ADD Adults Agents – Specific AIG v Executive Life Insurance Company AIG – Bonk – Can’t Say / Insurance Companies Archive.org – 2023 A – Index – 2 Back to top B Blank Bonk BonkNote – Outline – 2022 Bonk – Different Knowledge Bases Bonk – Documents Bonk – Illustrations…
Read MoreUniversal Life – First Policy – EF Hutton
Universal Life – First Policy – EF Hutton EF Hutton Alan RICHARDS. My name is Alan Richards, president and chief executive officer of E. F. Hutton Life Insurance Co., headquartered in La Jolla, California. It is a wholly owned subsidiary of the securities brokerage firm of E. F. Hutton of New York. I, too, have…
Read MoreAIG – Structure
AIG – Structure 2007 – American International Group, Inc. and Subsidiaries Subsidiaries of Registrant – [link] 2008 – Figure 1: AIG Organizational Structure, as of December 31, 2008 – 2p Year? – Source: SNL Financial – 16p aig.co.za/content/dam/aig/emea/south-africa/documents/brochure/aig-all-entities-brochure.pdf AIRCO – Reinsurance Retirement Services & Asset Management Operations AIG’s Retirement Services & Asset Management operations offer a…
Read MoreMike Rieger – AIG
Michael Rieger – AIG Managing Director, AIG Global Investments Reiger or Rieger? 2010-06-22 FCIC staff audiotape of interview with Mark Hutchings, American International Group, Inc._1.wma On the non-granola end, Mike Reiger reports from N.Y.C. that he’s not a hedge fund directors nightmare and cannot possibly go “Nick Leeson” on the world, despite managing an AIG…
Read MoreAIG – Haircuts
AIG – Haircuts Par Shared Sacrifice 2010 0127 – GOV – Geithner Lynch – No Shared Sacrifice As noted, the FRBNY and Treasury have advised the Panel that it was all but impossible for the taxpayers to have received discounts to par from the AIG counterparties upon the termination of their CDS and SL contracts…
Read MoreStable Value
Stable Value Prior to the Executive Life Insurance Company (ELIC) default there was no such thing as a stable value fund… — Murray L. Becker 1999 – SOA -Insurance Company Failures of the Early 1990s-Have We Learned Anything?, Society of Actuaries – 25p stablevalue.org/wp-content/uploads/Stable_Times_Volume_3_Issue_2.pdf 2011 – SEC-CFTC Stable Value Contract Study – Study of Stable…
Read MoreAIG – Ring Fencing Insurance Companies
AIG – Ring Fencing Insurance Companies OTS Report – 7B Life Insurance to AIGFP Dinallo / Governor Kanjorski / Paulson – GOV 2010 01 Regulatory Forbearance 2008-09-13 – FRBNY Email re AIG Update – 1p NYSID: Dinallo outlined the same plan that AIG gave us earlier — ie move muni’s from P&C subs to parent,…
Read More2008-09-12_Federal_Reserve_Bank_AIG_Meeting_Notes
2008-09-12_Federal_Reserve_Bank_AIG_Meeting_Notes 2008 0912 – AIG Meeting Notes – 2p AIG – Jacob Frenkel (Vice Chairman), Steve Bensinger (CFO), David Herzog (SVP & Comptroller), Robert Gender (VP & Treasurer), Alan Pryor (EVP – Financial Services Division) FRBNY – Trish Mosser, Jim Mahoney, Bill Dudley AIG is facing serious liquidity issues that threaten its survival viability. Rating…
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