Non-Responsive **David B. ATKINSON. (Executive Vice President, Reinsurance Group of America (RGA), on behalf of the Reinsurance Association of America (RAA)) – There have been insolvencies. We do have a State guarantee system that backs up Spencer BACHUS (R-AL) –  So there were no losses?  Mr. ATKINSON. Insolvency regulation has worked well. It has been…

Read More

2008 – NAIC Proceedings Binder – 9431p (p708) – 9. Receive the Report of the Financial Analysis Working Group Roger Peterson (WI) delivered the report of the Financial Analysis Working Group, which met in a regulator-to-regulator session March 31, 2008, to hear presentations on nationally significant insurers and groups that are exhibiting characteristics of potentially…

Read More

NAIC/Industry Liaison Committee – NAIC 2002-2v2, NAIC Proceedings – 2002 0608 – Industry Representatives White Paper on Class Action Lawsuits Preserving The Regulatory Authority of State Insurance Commissioners, Preliminary Draft – p1609-1612 When making determinations that impact insurance markets, a decision-maker must have access to as much relevant information as possible. While regulators are  authorized…

Read More

NAIC/Consumer Liaison Committee – NAIC content.naic.org/cmte_conliaison.htm 2008 2023 2023 0321 – NAIC/Consumer Liaison Committee – 6p (p3-4) – Richard Weber (Life Insurance Consumer Advocacy Center—LICAC) 5. Heard a Presentation Calling Attention to the Dilemma of Current Assumption Policy Illustrations Weber provided some simple graphic views of variable universal life policies and said an illustration showing…

Read More

2012 0516 – GOV (House) – The Impact of the Dodd-Frank Act: What it Means to be a Systemically Important Financial Institution 2012 0516 – GOV (House) – The Impact of the Dodd-Frank Act: What it Means to be a Systemically Important Financial Institution, (CSPAN) – Designation of Systemically Significant Financial Institutions, Shelley Moore Capito (R-WV)  —  [BonkNote]…

Read More

Living Will 2013 – AP The Case Against the Dodd-Frank Act’s Living Wills: Contingency Planning Following the Financial Crisis, 9 Berkeley Business Law Journal 1, by Nizan Geslevich Packin – 66p (p26-27) – Blaine LUETKEMEYER (R-MO). One of the things that I, quite frankly, like about the Dodd-Frank Act is the living will that these agencies—…

Read More

Israel 1991 – AFIR – Implications for Life Insurance in Israel of the Break from an Index-Linked Economy – 25p

Read More