Investments – Page 8

Global Debt Issuance 2019 – New York Life – $19B – [LINK] 2020 1113 – Athene – 15B – Offering Memorandum is November 13, 2020

Junk Bonds – Media Executive-Life-Junk-Bonds-The_Los_Angeles_Times_Fri__Apr_12__1991_-scaled 1991-Junk-Bonds- Lincoln_Journal_Star_Thu__Sep_19__1991_

GICs – Guaranteed Investment Contracts FABN – Funding Agreement-Backed Note GICS – AIG – FCIC GIA’s Guaranteed Interest Contracts Stable Value Unallocated Annuity Contracts 412(i) 1991 0903 – NYT – Worry Over Retirement Funds, By Eric N. Berg – [link] GIC’s, Executive Life, Mutual Benefit Also, you had a lot of different interests in Executive Life.…

Surplus Notes 1989 – SOA – Securitization of Assets, Society of Actuaries – 10p 1995 – SOA – Survival Strategies for Mutuals, Society of Actuaries – 14p 2015 – Book – The Insurance Forum: A Memoir, contains a chapter (Chapter 25) devoted to the subject of surplus notes., by Joseph Belth – 11p 2016 0710 – IAIS – Risk-based Global…

Life Settlements 2010 0722 – SEC – Life Settlements Task Force – Staff report to the United States Securities and Exchange Commission – 93p 2009 0924 – GOV (House) – Recent Innovations in Securitization, Paul E. Kanjorski (D-PA) [PDF-123p, VIDEO-archive.org] Written statement of Joseph M. Belth – p103- Testimony – Susan Voss (IA) – NAIC House…

Securities Lending Securities Lending – Index Securities Lending – AIG Securities Lending – AIG – FCIC Securities Lending – FCIC Securities Lending – FRB Securities Lending – Insurance Regulators Figure 7 illustrates our identification strategy by focusing on the differences in lending behavior between MetLife and AIG. 2019 – FRB – Over-the-Counter Market Liquidity and…

Unit Linked In the United Kingdom variable life assurance is known as “unit-linked” life assurance or merely “linked” life assurance. Its development was untidy and is not well documented, but over a period of about fifteen years it has grown from being an oddity to being a significant proportion (3.5 per cent) of the new-business…

Assets https://www.acli.com/-/media/ACLI/Files/Fact-Books-Public/02FB19FChap2Assets.ashx?la=en#:~:text=Life%20insurer%20holdings%20of%20corporate,(Table%202.1%2D2.2). https://fred.stlouisfed.org/release/tables?rid=52&eid=804724#snid=804747

Derivatives Derivatives, Options, Swaps etc – Government Hearings Commodity Futures Modernization of 2000 1984 – SOA – Options and Futures — A Teaching Session, Society of Actuaries – 26p 1994 0518 – GAO – Financial Derivatives: Actions Needed to Protect the Financial System – GGD-94-133 – 200p 1994 – SOA – NAIC Model Investment Law…

Investments Investments – Index Bonds Corporate Bonds Junk Bonds / High-Yield Bonds Municipal Bonds Private Placement Bonds Commercial Paper Company Investments Real Estate Securities Lending Derivatives Options Futures Swaps The subject of futures and options is very topical. Legislation and regulations enabling life insurers to begin using these instruments have been passed in several states…