Pensions
2010 0610 – COP – Report – The AIG Rescue, Its Impact on Markets, and the Government’s Exit Strategy, June Oversight Report, Congressional Oversight Panel – Snippets
2010 0610 – COP – Report – The AIG Rescue, Its Impact on Markets, and the Government’s Exit Strategy, June Oversight Report, Congressional Oversight Panel 2010 0610 – COP – Report – The AIG Rescue, Its Impact on Markets, and the Government’s Exit Strategy, June Oversight Report, Congressional Oversight Panel — [BonkNote] — [PDF-337p] (p152)…
Read MoreQ: Could Guaranty Funds Handle a Large Insurance Company
Q: Could Guaranty Funds Handle a Large Insurance Company? Guaranty Funds NOLHGA – National Organization of Life and Health Insurance Guaranty Associations (p29) – Senator Richard SHELBY. (R-AL) – Mr. Hunter, do you agree with his statement <Michael McRaith (Illinois Insurance Commissioner / NAIC)>? What is your take on it. J. Robert HUNTER. I didn’t…
Read MorePBGC – Pension Benefit Guaranty Corporation
PBGC – Pension Benefit Guaranty Corporation pbgc.gov/ (p1) – Currently, the Pension Benefit Guaranty Corporation is some $333 million plus in the red, although there is still a cash flow. — Opening Statement of Senator Don Nickles, (R-OK) 1983 0614 – GOV (Senate) – Single-Employer Pension Plan Termination Insurance Improvements Act of 1983 – [PDF-144p-archive.org, VIDEO-?] …
Read MoreGuaranty Funds
Guaranty Funds NAIC – Financial Condition Committee – (E) — [BonkNote] Guaranty Fund Issues Working Group – (E) – NAIC — [BonkNote] NCIGF – National Conference of Insurance Guaranty Funds – ncigf.org/ — [BonkNote] NOLHGA – National Organization of Life and Health Insurance Guaranty Associations — [BonkNote] (p515) – The working group identified several issues relevant…
Read MoreGICS – Guaranteed Investment Contracts
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.…
Read MoreLIRP – Life Insurance Retirement Plan
LIRP – Life Insurance Retirement Plan LIRP Life Insurance Retirement Plan Life Insurance Retirement Planning Life Insurance in Retirement Planning SLIRP ESLIRP – Executive Supplemental Life Insurance Retirement Plan 199xs – Metlife – legal case – Nurses LC – Walker v Life Insurance Company of the Southwest — [BonkNote] Doug Andrew LASER Fund David McKnight 2012…
Read MorePensions
Pensions Pensions – Index ERISA – Employee Retirement Income Security Act of 1974 Guaranty Funds NOLHGA – National Organization of Life and Health Insurance Guaranty Associations PBGC – Pension Benefit Guaranty Corporation PRT – Pension Risk Transfer Private Equity, Athene, government hearings – 2023 – Sherrod Brown, Elizabeth Warren Executive Life, Maxxam, Drexel, Pacific Lumber Company…
Read MoreLife Insurance as an Investment
Life Insurance as an Investment The term “investment-life-insurance policy” is used here to represent policies that have a large “cash-surrender value” throughout most of the period they cover, such as limited-payment life policies and endowment policies. 1928 – AP – The Investment Element in Life-Insurance Contracts, S. H. Nerlove – 22p 2020 – NAIC LIIIWG…
Read MorePolicy Loans
Policy Loans Loans LIRP – Life Insurance Retirement Plan Chris H. McElvaine: …I heard another policyholder at the annual meeting mention that he has taken advantage of his 6% policy loan provision. He has reinvested that money with the same company in an RRSP five-year interest certificate bearing a phenomenal rate of interest. Apparently he…
Read MoreEIOPA – European Insurance and Occupational Pensions Authority
EIOPA – European Insurance and Occupational Pensions Authority eiopa.europa.eu/ Gabriel Bernardino EIOPA observed in several issues of its Financial Stability Report (2015, 2016d,e) the increasing penetration of unit and index-linked product in the market and warned on the potential implications for the policyholders. (p37) 2017 – EIOPA – Systemic risk and macroprudential policy in insurance – 77p 2015…
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