Words – Page 5 – [BonkNote]

Stays Moratorium 1983 10 – SOA – The Actuary – New South Life: The Sequel, Ed. Note: This Contributors Identification is known to the Editor, Society of Actuaries – 8p Among Points for Actuaries to ponder: The rescue operation might have failed especially if new policyholders had understood that the company might, as it did, go out…

Life Insurance and Banking Banking and insurance are related, but the insurance industry is fundamentally different, and our approach toward regulators must consider those differences. (p2) — Senator Jack Reed (D-RI) 2011 0914 – GOV (Senate) – Emerging Issues in Insurance Regulation – Congressman Reed (RI) – PDF-51p 1998 – LR – The Law and Finance…

Words – Index ABCDEFGHIJKLMNOPQRSTUVWXYZ A Absurd Abusive Accelerated Benefits Accountability Accreditation Acronyms Actuarial Guideline 38 Actuarial Tables Advice ALM – Asset Liability Matching Annual Report Annual Statement Antitrust Assumptions Assumption Reinsurance Back to top B Bailouts Bankassurance Based On Benchmarks Benefits Bespeaks Caution Doctrine Best Interest Standards Black Swans Business of Insurance Back to top…

Premium Taxes The States feared the loss of large revenues received from taxation of the insurance business.1 (p221)’ 1948 – LR – Statutory Regulation of Life Insurance Investment, by W. Page Keeton, Yale – 21p As you may know, Alabama has a $1.3 billion per year insurance business, resulting in $240 million of insurance premium…

Semantics Pursuing this thought further brings to light the fact that our nomenclature in this field is not only poor semantics but also far from precise. — Ralph E. Edward 1955 – SOA – Analysis of Approximate Valuation Methods, Society of Actuaries – 16p Jesse M. Schwartz: Why are people so reluctant to call Total Life…

Lending Bond Lending Loans Securities Lending

Bespeaks Caution Doctrine Judge Pauley held that this disclosure was inadequate: [W]arnings of specific risks like those in the ARM Prospectus do not shelter defendants from liability if they fail to disclose hard facts critical to appreciating the magnitude of the risks described…. As aptly put by Judge Pollack in the context of the bespeaks…

Witness Confidential Witness (CW) Eugene Park, aka Gene Park – AIG – American International Group, Inc. 2008 Securities Litigation – 61. In further connection with the CWs referred to in the Complaint, Lead Plaintiff had earlier provided AIG’s counsel with the identity of one of the CWs that Lead Plaintiff had noticed for deposition. That…

Panic Panic of 1907 Panic of 1857 Insurance Panic 2013 0621 – AP – The Failures that Ignited America’s Financial Panics: A Clinical Survey, by Hugh Rockoff – 52p FCIC – Geithner – 50p 2009 1210 – COP – Hearing – Hearing With Treasury Secretary Timothy Geithner, Congressional Oversight Panel — [BonkNote] — [PDF-98p, VIDEO-CSPAN] (p78) – Tim…

Repricing 1988 – SOA – Repricing Considerations — InForce Blocks of Business, Society of Actuaries – 20p 1992 – SOA – Repricing the In-Force Book of Business, Society of Actuaries – 16p ALBERT E. EASTON: I want to begin discussing repricing of traditional life insurance by making some general comments about pricing, not just repricing but all…