Crédit Lyonnais 2011 – NYT – A.I.G. Unit and a French Bank Settle a Lawsuit Credit Agricole SA bought Credit Lyonnais in 2003 Leon Black,  Soon after, executives of the French bank Crédit Lyonnais reached out to Black about teaming up on a venture that would try to replicate Drexel’s success.  He and Crédit Lyonnais went big,…

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MONY – Mutual Life Insurance Company of New York MONY – Mutual Life Insurance Co. of New York F/K/A Mutual Life Insurance Company of New York Walter Bell 1983-2003, vice president of the Mutual Life Insurance Company of New York, aka Mutual of New York, aka MONY  2003-2008 – Alabama Insurance Commissioner 2007 – NAIC…

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Aviva 2013 0501 – Desmoines Register – Aviva USA Life Insurance Unit To Be Dealt to Global Atlantic – [link] In July 2006, Aviva greatly increased its presence in the United States by acquiring AmerUs Group, a Des Moines based financial services company founded in 1896 in a $2.9 billion (£1.6 billion) deal.[16] In December 2012, Aviva…

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Athene athene.com/ James Belardi – CEO / CIO in 2006 left as a senior executive at AIG to start an insurer SunAmerica William J. Wheeler, Vice Chairman was President of the Americas group for MetLife 2012 0516 – GOV (House) – The Impact of the Dodd-Frank Act: What it Means to be a Systemically Important Financial…

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Equity Funding Corporation of America Speaking before state insurance commissioners at the Washington Hilton Hotel or what each called the “Equity Fundings fiasco,” Fred A. Mauck, Illinois’ newly named director of insurance, said that because of the “hard work” of state regulators Equity Funding was “not a tragedy but an absurdity.” “Quite frankly,” he said,…

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Surety 1927 – AP – The Guarantee of Mortgage Bonds by Surety Companies, by Edward L. McKenna, Ph.D., Assistant Professor of Insurance, Wharton School of Finance and  Commerce – 7p documents.theblackvault.com/documents/jfk/NARA-Oct2017/NARA-Nov17-2017/docid-32329636.pdf 1961 04 – Summit Fidelity and Surety Company is sold to Milwaukee group for mortgage guarantee. Senator Huey Long (D-LA) – I did not…

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Jackson National Life History: It was one of the first companies in the US to promote the virtues of term insurance and, in 1975, had developed an early form of universal life insurance, eight years before any competitor offered a similar type of protection.  (p4) 2005 – Jackson National Life – 2005 JNL Analyst and…

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Barclays AIG Securities Lending AIGFP Legal Case – re Barclays Bank PLC Securities Litigation Lehman Brothers MBIA barclaysbankplcsecuritieslitigation.com/ barclaysbankplcsecuritieslitigation.com/case-documents/summary-judgment-briefing.aspx monolines 503p – barclaysbankplcsecuritieslitigation.com/media/934718/sharan_nirmul_exhibits_61-80.pdf barclaysbankplcsecuritieslitigation.com/media/934797/sharan_nirmul_exhibits_211-234.pdf 2013 – LC – In re BARCLAYS BANK PLC SECURITIES LITIGATION, Document 66, Case 1:09-cv-01989-PAC – 101p Summary Judgment Briefing – AUDIO – [link] – LC – Plaintiff’s Response To The…

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Financial Guarantors The greatest losses would be experienced by big CDO arrangers such as Citigroup, Merrill Lynch, and UBS, and by financial guarantors such as AIG, Ambac, and MBIA. 2011 01 – FCIC – Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States – 663p http://fgic.com/policyholderinfocenter/rehabdocs/docs/7_Assured.pdf 2021…

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New South Life Insurance Company 1977 0525 – The Washington Post – How an Insolvent Firm Keeps Selling Insurance, By John F. Berry – [link] 1983 06 – SOA – Editorial – The Actuary – The New South Life Case, EJM (Ernest J Moorhead (Jack)), Society of Actuaries – 2p 1983 10 – SOA – The Actuary -…

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