Solvency – Page 3 – [BonkNote]

Liquidation Receivership Troubled Companies UILA – Uniform Insurers Liquidation Act Asset Liquidation Disintermediation Life Liquidity Risk Working Group – NAIC Liquidity Liquidity Assessment Subgroup Liquidity Risk Liquidity vs SolvencyLapse Risk Run Runnable Run on the Bank Run on the Life Insurance Company “asset liquidation analysis” UILA – Uniform Insurers Liquidation Act 1940 – LR -…

Solvency II Solvency II came into effect on 1 January 2016 en.wikipedia.org/wiki/Solvency_II#:~:text=Solvency%20II%20is%20a%20Directive,reduce%20the%20risk%20of%20insolvency. Europa – Risk management and supervision of insurance companies (Solvency 2) – [link] Bank of England – Solvency II- [link] 2006 – JIR / NAIC – Modernizing Insurance Solvency Regulation: Evidence from the UK – 21p With respect to insurance companies, Douglas et al.…

Bailouts 1920s/1930s – Great Depression 1980s – Federal Reserve 1990s – Executive Life, etc. 1992 0721 – Federal Reserve Report on Economy 03:38:22 SEN. RIEGLE And the banks got into big trouble. Not just the ones under your supervision, but the ones under the supervision of other regulators. And last year, we had to…

Baldwin-United Baldwin-United Corporation, a large financial services conglomerate headquartered in Cincinnati, Ohio Baldwin-United – Legal Cases MDL-581 – LC – Baldwin-United – [BonkNote] [Bonk: Contagion-?] In the meantime, a movement was afoot within the life insurance industry led by Metropolitan Life Insurance Company, as well as the securities brokerage industry, to put together an enhanced rehabilitation…

Solvency Failures Insolvent Insolvencies Surplus Notes Solidity (Solvency) During the early 1990s, however, the solvency problems of the life insurance industry increased, climaxing in the failure in 1991 of several large insurers– Executive Life Insurance Company, First Capital Life Insurance Company (EF Hutton) Fidelity Bankers Life Insurance Company, Monarch Life Insurance Company, and Mutual Benefit…

ELIC – Executive Life – California To bolster their statutory surplus and reported financial condition, the four insurers reduced policy reserves on their balance sheets through reinsurance transactions and received from their parent holding companies millions of dollars in surplus infusions and loans. Although reinsurance is a legitimate practice in the life insurance industry to…