Prudential
ICP 24 – Macroprudential Surveillance and Insurance Supervision – IAIS
ICP 24 – Macroprudential Surveillance and Insurance Supervision – IAIS 2017 07 – IAIS – Insurance Core Principles, Standards, Guidance And Assessment Methodology – For Consultation – 8p
Read MoreMDL-1061 – LC – Prudential Insurance Company of America Sales Practices Litigation
MDL-1061 – LC – Prudential Insurance Co. of America Sales Practices Litigation MDL-1061 – LC – Prudential Insurance Co. of America Sales Practices Litigation — [BonkNote] Multi-State Life Insurance Task Force and Multi-State Market Conduct Examination of The Prudential Insurance Company of America – p In re: THE PRUDENTIAL INSURANCE COMPANY OF AMERICA SALES PRACTICES…
Read MoreWalker vs. LSW – Prudential / MetLife
Walker v LSW – Prudential / MetLife Prudential – Vanishing Premium MetLife – Retirement / Savings Plan Walker v LSW Patrick Kelly MetLife In its June 7, 1994 Consent Order #94-102, the NJDBI cited N.J.S.A. 17B:30-3 and N.J.A.C. 11:2-23.4 and subsequently fined MetLife $965,555 for MetLife’s practice of misrepresenting life insurance to be retirement or savings…
Read MoreFSOC – Determination and Dissents – Financial Stability Oversight Committee – Snippets
FSOC – Prudential – Determination and Dissents – Snippets 2013 0919 – FSOC/Prudential – Basis for the Financial Stability Oversight Council’s Final Determination Regarding Prudential Financial, Inc. – 12p Pages 1/2 (p1) – ….section 113 of the Dodd-Frank Act and the Council’s interpretive guidance regarding nonbank financial company determinations (Interpretive Guidance),1 —– the Council has voted…
Read MoreMacroprudential Initiative – NAIC
Macroprudential Initiative – NAIC MACROPRUDENTIAL INITIATIVE (MPI) – NAIC Website Macroprudential (E) Working Group (MWG) – NAIC 2022 – Regulatory Considerations Applicable (But Not Exclusive) to PE Owned Insurers https://content.naic.org/sites/default/files/inline-files/Comments%206-13-22_0.pdf
Read MoreMacroprudential
Macroprudential versus Microprudential Regulation Common Exposures Contagion Liquidity modeling Mass lapses macroprudential surveillance Systemic amplifiers Triggers NAIC Liquidity Stress Testing (LST) Framework NAIC MACROPRUDENTIAL INITIATIVE (MPI) – [link] Macroprudential Task Force (MPTF) of the American Academy of Actuaries Common Exposures 269 For instance, in 1991 six major life insurers, each with over $4 billion in…
Read MoreFSOC – Prudential Insurance Company
FSOC – Prudential 2013 0909 – FSOC/Prudential – Resolution Approving Final Deterministation Regarding Prudential Financial Inc. (Woodall, Huff, Edward J. DeMarco, Acting Director, Federal Housing Finance Agency) – The Chair of the Securities and Exchange Commission recused herself from the vote. – 23p FSOC – Prudential – Determination and Dissents – [BonkNote] 2013 0919 -…
Read MorePrudential Insurance Company
Prudential 1994 0613 – APNews – Life Insurance Buyers Allege Misleading Sales Tactics Were Used With PM-Vanishing, by Mark Dennis – [link] 1996 0626 – LA Times – Prudential Told Staff to Destroy Documents, Memo Shows, by Scot J. Paltrow – [link] A spokeswoman for the New Jersey insurance department said the task force had…
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