2021 – IAIS – Consultation – Insurer Culture 2021 – IAIS – Public Consultation on draft Issues Paper on Insurer Culture  —  [BonkNote] 2021 0623 – IAIS – Draft Issues Paper on Insurer Culture For public consultation, 23 June 2021 – 32p 2021 0823 – IAIS – Resolution of public consultation comments on draft Issues…

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IAIS – Run Run In paragraph 34, it is noted that some products offered by insurers (which contain provisions whereby a policyholder can withdraw cash from the policy with little notice or penalty) contain high liquid liability; however, this description is too simplified and inappropriate since it does not properly take into account the reality…

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Corporate Governance Under some permanent insurance, contracts being sold today, the chances are you could stop paying after 7, 8, or 9 years and the insurance would remain in force for the rest of your life without further premium payments. (p6069) — Robert Beck (Prudential CEO) 1985 0719 and 0722 – GOV (House) – Comprehensive…

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IAIS – Consultations iaisweb.org/consultations/ iaisweb.org/consultations/closed-consultations/ 2014 – IAIS – Approaches to Conduct of Business Supervision 2014 – IAIS – Basic Capital Requirements for Global Systemically Important Insurers 2014 – IAIS – Risk-based Global Insurance Capital Standard 2015 – IAIS – Risk-based Global Insurance Capital Standard American Academy of Actuaries  2016 – IAIS – Risk-based Global…

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IAIS – Universal Life Insurance The mismatch between the cash flows from assets and liabilities for traditional products like universal life or fixed annuities is due mostly to interest rate risk. (p18) 2018 – IAIS – [GIMAR] Global Insurance Market Report – 72p iaisweb.org/icp-online-tool/13526-icp-15-investments/ – 15.3.4 Nevertheless, close matching of assets and liabilities is often…

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ABA – Activities Based Approach IAIS FSOC, Woodall, MetLife, Congress 2019 – Book – Systemic Risk in the Financial Sector: Ten Years After the Great Crash 2019 – AP – Activities Are Not Enough!: Why Nonbank SIFI Designations Are Essential to Prevent Systemic Risk, Daniel Schwarcz, Jeremy Kress, Patricia McCoy – 19p   Liquidity Risk 44.…

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AAA to IAIS actuary.org/search/content?keys=iais 2015 0206 – AAA to IAIS – RE: Risk-based Global Insurance Capital Standard Public Consultation Document (Dec. 17, 2014), , American Academy of Actuaries – 20p 2015 0501 – AAA to IAIS – Committee Comments To IAIS On Conduct Of Business Risk Draft Paper, American Academy of Actuaries – 4p (p3)…

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IAIS – Documents home.treasury.gov/system/files/311/2018_IAIS_Transparency_Report.pdf sullcrom.com/siteFiles/Publications/SC_Publication_IAIS_Global_Insurance_Capital_Standard.pdf federalregister.gov/documents/2020/10/09/2020-22384/federal-insurance-office-study-on-the-insurance-capital-standard acli.com/public-policy/capital-standards actuaries.org/iaa/IAA/Publications/Public_Statements/IAA/Publications/Formal_Public_Statements.aspx?hkey=a1039f56-c6f5-409a-9ab9-fb78c6d52a1d 2022 09 – IAIS – The role of insurance supervisors in multi-stakeholder approaches to address pandemic protection gaps – 24p This note is prepared jointly by staff members of the International Association of Insurance Supervisors (IAIS) and the Access to Insurance Initiative (A2ii). The views expressed in the…

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NTNI – Nontraditional and Non-insurance Non-Traditional “Non-traditional Non-insurance Activities and Products” Non-traditional Non-insurance Activities and Products Public Consultation – Consultation: comments due by 25 January 2016 admin.iaisweb.org/index.cfm?event=showPage&nodeId=57972&edit=true#_ftnref1 IAIS 1. MetLife does not engage in non-traditional non-insurance activities that create any appreciable systemic risk. 2014 0730 – Letter – Benjamin Lawsky (New York Superintendent of Financial Services)…

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