Bank
Bank-like
Bank-Like The regulation provides for the pre-funding of cash values, so that the amounts will be available upon policyholder demand, and will not be contingent upon sufficient surplus being available at that time to cover what is the equivalent to a demand deposit. The regulation relies heavily on the NAIC Universal Life Insurance Model Regulation…
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Banks Bankers Bank-like Data Bank Deposit Federal Home Loan Banks Insurance and Banks Non-Bank Run on the Bank Savings and Loans Shadow Banking Universal Banks Senate Banking, Housing, and Urban Affairs Committee Conference of State Bank Supervisors History of Bills (HOB) 1987 – GOV – History of S. 706 – A Bill To Amend The…
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Banks and 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 (p536) – The Subgroup also found that the remaining Federal Reserve risk categories for banking organizations…
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Shadow Banking Shadow Insurance fcic Geithner imf.org/external/pubs/ft/fandd/basics/52-shadow-banking.htm IMF – Shadow Banking: Out of the Eyes of Regulators – Many financial institutions that act like banks are not supervised like banks – 2p “Shadow Banking Risk Monitor” to “Non-Bank Risk Monitor” 2016 07 – FRB- Daniel K Tarullo: Opening remarks on the theme of shadow…
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Data Bank Concept of a Life Insurance Policy Data Bank A national data bank, organized and operated through the auspices of the NAIC, would serve as a depository for raw data on new as well as existing policies for cooperating insurers. It is anticipated that the national data bank would: The data bank would receive…
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