Junk Bonds

  • I found it interesting that a number of small stock companies are using somewhat low-grade investments to determine their future investment yield.
  • I wonder whether this is a trend, and whether they take the default risk into consideration.

--  CHARLES PICARD

1985 - ACTUARIAL PRICING ASSUMPTIONS IN A VOLATILE ENVIRONMENT, Society of Actuaries - 32p

  • Another area of concern relating to solvency is investments by insurers.
  • Recently, some states have expressed concern over investment by life insurance companies in high yield /high risk obligations, referred to as "junk bonds."

-- STATEMENT OF NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS - John Washburn , Director of Insurance for the State of Illinois and Vice President of the NAIC

  • 1987 0701/29 and 101 - GOV - Developments In State Insurance Regulation 
    • [PDF-511p-GooglePlay, No Video]
    • 1987 0701 - GENERAL OVERVIEW
    • 1987 0729 – LIFE INSURANCE COMPANY SOLVENCY
    • 1987 1014 - FINANCIAL GUARANTEE INSURANCE
    • SUBCOMMITTEE ON COMMERCE , CONSUMER PROTECTION, AND COMPETITIVENESS - COMMITTEE ON ENERGY AND COMMERCE - HOUSE