Archive for April 2023
ACLI – Media
ACLI – Media 1997 1024 – WSJ – MONY Wins Dismissal of Suit Over ‘Vanishing Premium’ Policies, by Leslie Scism – [link] The company, popularly known as MONY, won a dismissal this week of a national class-action lawsuit that is similar to more than 30 suits pending against major life insurers. … in the MONY case, New York…
Read MoreECB – European Central Bank
ECB – European Central Bank youtube.com/@ecbeuro
Read MoreSystemic Risk – Life Insurance
Systemic Risk – Life Insurance Assimilation of banking-type activities by life insurers appears to be the key systemic vulnerability. 2003 – IMF – Insurance and Issues in Financial Soundness. IMF working paper 03/138. Das U, Davies N, Podpiera R – 44p (p3) – Third, as noted repeatedly by EIOPA, the ESRB and market analysts, scenarios involving multiple…
Read MoreSupervised Insurance Organizations
Supervised Insurance Organizations federalregister.gov/documents/2022/10/04/2022-21414/framework-for-the-supervision-of-insurance-organizations federalreserve.gov/supervisionreg/srletters/SR2208.htm federalreserve.gov/apps/foia/ViewComments.aspx?doc_id=OP-1765&doc_ver=1
Read MoreBad Faith
Bad Faith 1985 – LR – Establishing the Tort of Bad Faith in Wyoming, by JT Dyre – 21p The past three decades have witnessed the development, in a number of jurisdictions, of what is termed the new tort of bad faith breach of contract.1 This new tort developed initially with regard to disputes between…
Read MoreResolution
Resolution Resolution Authority FSB 2011 – FSB – Key Attributes of Effective Resolution Regimes for Financial Institutions in the Insurance Sector FSB adopted the Key Attributes in 2011 VIDEO-Youtube – 10 Years of the FSB Key Attributes of Effective Resolution Regimes for Financial Institutions bis.org/fsi/fsisummaries/fsb_key_attributes.htm fsb.org/2014/10/key-attributes-of-effective-resolution-regimes-for-financial-institutions-2/ 2011 10 – FSB – Key Attributes of Effective…
Read MoreInsurance vs Swaps
Lloyd Bentsen
Lloyd Bentsen 1962 – President of Lincoln Liberty Life Insurance Company (Time-?) Lincoln Liberty Life Insurance, a subsidiary of Lincoln Consolidated Consolidated American Life Insurance Co. (CALICO). 1971-1993 – US Senator – Texas, January 3, 1971 – January 20, 1993 ERISA, IRAs, Holding Companies 1993-1994 – Secretary of the Treasury, January 20, 1993 – December…
Read MoreKorea
Korea KB Life Insurance Co., Ltd. and Prudential Life Insurance,
Read MoreAIG Annuity Insurance Company
AIG Annuity Insurance Company now known as Western National parent company, AGC Life Insurance Company NATIONAL WESTERN LIFE INSURANCE COMPANY V. WESTERN NATIONAL LIFE INSURANCE COMPANY AND AGC LIFE INSURANCE COMPANY – Cause No. A-09-CA-711 LY Doc 202 – Order – 15p Legal Cases Missouri https://insurance.mo.gov/CompanyAgentSearch/CompanySearch/compSearchDetails.php?id=125347&t=CC&n=WESTERN%20NATIONAL%20LIFE%20INSURANCE%20COMPANY 2010 1201 – WSJ – Fresh Details on the Fed…
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