Archive for October 2022
1871-2, NAIC Proceedings
1871-2, NAIC Proceedings 1871-2, NAIC Proceedings (fka National Insurance Convention) — [BonkNote] — 657p Insolvency Valuation (p54) – Trust Fund Deposit, Or Reserve, For Whole-Life Policies In Case The Payments Are In Equal Annual Premiums (p58) – The “Reserve” Absolutely Necessary To Enable A Life Insurance Company To Pay Its Policies At Maturity, By Net…
Read MoreNAIC – Origins
NAIC – Origins NCIC – National Convention of Insurance Commissioners George W. Miller 1871-1, NAIC Proceedings 2000 – JIR / NAIC – The Early History of the NAIC, Eric C. Nordman – 16p The first NCIC meeting was held in New York City on May 24, 1871. 2000 – JIR / NAIC – The Early…
Read MoreMinimum Premium
Minimum Premium An approach which seems to be gaining in popularity expresses commissions as a percent of a target or a minimum premium. — Christian J. DesRochers 1983 – SOA – Universal Life (RSA83V9N212), Society of Actuaries – 24p 2. As admitted by Joel Kuni, Farmer’s Product Development Actuarial Manager, in his deposition of 5-7-2003, at page…
Read MoreIPAC – Insurance Policy Advisory Committee – Federal Reserve
IPAC – Insurance Policy Advisory Committee – FRB federalreserve.gov/aboutthefed/ipac.htm IPAC Collins Amendment Working Group
Read MoreOSFI – Office of the Superintendent of Financial Institutions
OSFI – Office of the Superintendent of Financial Institutions 2023 0118 – osfi-bsif – Participating account management and disclosure to participating policyholders and adjustable policyholders https://www.osfi-bsif.gc.ca/en/guidance/guidance-library/participating-account-management-disclosure-participating-policyholders-adjustable-policyholders https://www.osfi-bsif.gc.ca/en/print/pdf/node/605 – 30p Type of publication: Guideline Category: Sound business and financial practices No: E-16, Audiences: Life 2019 1114 – OSFI – OSFI does not support the proposed design…
Read More2020 – SOA – Systemic Risk in China’s Insurance Industry – Society of Actuaries – 55p
2020 – SOA – Systemic Risk in China’s Insurance Industry 2020 – SOA – Systemic Risk in China’s Insurance Industry, Society of Actuaries — [BonkNote] — 55p (p9) – Therefore, based on the identification of systemic risk sources that the Geneva Association, IAIS and other scholars have given…. the author investigated the origin of systemic…
Read More2002 – SOA – Dropping Like a Rock: Dealing with Falling Interest Rates and Equity Markets Outside the United States and Canada -Society of Actuaries – 27p
2002 – SOA – Dropping Like a Rock: Dealing with Falling Interest Rates and Equity Markets Outside the United States and Canada 2002 – SOA – Dropping Like a Rock: Dealing with Falling Interest Rates and Equity Markets Outside the United States and Canada, Society of Actuaries – 27p (p5) – The whole industry of Asia can…
Read MoreMVA – Market Value Adjusted
Market Value Adjusted MAV – Market-Adjusted Valuation 1985 – SOA – New Product Accounting Alternatives, Society of Actuaries – 26p 1986 – SOA – Market Value Adjusted Products (rsa86v12n29) – 22p 1986 – SOA – Market Value Adjusted Products (rsa86v12n33) – 34p 1986 – SOA – Market Value Adjusted Products (rsa86v12n4b3) – 30p 1991 – SOA – Selecting an…
Read MoreConsumer Protection
Consumer Protection Policyholder Protection CFPB CFPA DOL – Fiduciary NAIC – Annuity Suitability SEC – Reg BI – Regulation BI Unfair Trade Practices Courts – Legal Cases – Lawsuits – Class Actions – MDL’s Administrative Actions Enforcement Actions (p25) – Michael McRaith (NAIC / Illinois Insurance Regulator) – So the real question is what is…
Read More2022 0908 – GOV (Senate) – Current Issues in Insurance – Sherrod Brown (D-OH)
2022 0908 – GOV (Senate) – Current Issues in Insurance 2022 0908 – GOV (Senate) – Current Issues in Insurance – SandBox 2022 0908 – GOV (Senate) – Current Issues in Insurance, Sherrod Brown (D-OH) — [BonkNote] VIDEO banking.senate.gov/hearings/current-issues-in-insurance VIDEO-CSPAN – Hearing on Insurance Industry Practices VIDEO-YouTube. [Bonk: Missing a piece of Toomey video] Senator Sherrod…
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