Is the Insurance Industry Exposed to Systemic Risk? Systemic risk afflicts all life insurance and investment firms around the world. 2009 – AIG: Is the Risk Systemic?, 26 Feb 2009 – Report – 21p <YES> The insurance industry is exposed to systemic risk.  The viability of the insurance sector rests on the perception that insurers can and…

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ACLI – Systemic Risk 2009 –  2009 1026 – InsuranceNewsNet – Relieved to Have Survived a Dangerous Year, ACLI Members Look Ahead, By Ron Panko, senior associate editor, Best’s Review – [link] The year certainly tested the ACLI leadership. Frank Keating, its president and CEO, related the many actions he and his team took to…

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Systemic Risk – Government Hearings (p26) – Spencer Bachus (R-AL):  Now, we are asking the Fed—Mr. Bartlett, I think you will agree that the President’s Working Group in 1988 and then this Congress in 1991 actually directed the Treasury and the Fed to look at systemic risk and see what sort of powers they ought…

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2014 – LR – Regulating Systemic Risk in Insurance 2014 – LR –  Regulating Systemic Risk in Insurance, by Daniel Schwartz  —  [BonkNote]  —  73p (p1573-1574) – 19 For analyses that largely dismiss the possibility that the insurance industry is systemically risky outside of certain limited, nontraditional activities, see, for example, Richard Herring and Til Schuermann,…

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Systemic Risk Systemic Risk – Index Assimilation of banking-type activities by life insurers appears to be the key systemic vulnerability. 2003 – IMF – Insurance and issues in financial soundness. IMF working paper 03/138. Das U, Davies N, Podpiera R – 44p 2009 0305 – GOV (House) – Perspectives on Systemic Risk, Paul Kanjorski (D-PA)  —  [BonkNote] Terri Vaughan…

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