Differences – Target Audience for Life Insurance Buyer’s Guide – LIBG – NAIC Thank you for the clarification you provided in our recent conference call about the target market for the draft life insurance buyer’s guide. With that in mind, we started by making a list of basic information about life insurance that first-time buyers…

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Differences Differences – Target Audience for Life Insurance Buyer’s Guide – LIBG – NAIC

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James M. Carson 1996 – AP – “Universal Life Insurance Cash Values: An Empirical Examination.” Presented at the 1996 American Risk and. Insurance (ARIA) meeting, August, Philadelphia, … 1996 – AP – Determinants of Universal Life Insurance Cash Values, by James M. Carson and Mark D. Forster –  1997 – JIR / NAIC – An Analysis of…

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Universal Life – Cash Value 1996 – AP – Determinants of universal life insurance cash values, by James M. Carson, Journal of Risk and Insurance (Vol. 63, Issue 4) – <JSTOR-?> 1997 – JIR / NAIC – An Analysis of Life Insurance Illustrations: Regulatory Implications of the Disparity between Policy Yields Based on Illustrated Versus…

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AIG – Coverup It seems to me that you’re covering for something. (p43) —  Damon SILVERS, COP Member / Policy Director for the AFL-CIO 2010 1216 – COP – Hearing – Treasury Secretary Timothy Geithner, Congressional Oversight Panel – [PDF-88p, VIDEO-CSPAN] What could the New York Fed be hiding? For one thing, a clear explanation of why it…

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AIGFP – Subordination (p25) – a. Credit Default Swaps AIG’s downfall stemmed in large part from its CDS on multi- sector CDOs, which exposed the firm to the vaporization of value in the subprime mortgage market.\25\ While many counterparties purchased these contracts to hedge or minimize credit risk, AIG essentially took the other side, a…

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AIG – Weekend – Goldman Sachs Bankers from JPMorgan were in the New York Fed building late on Monday as AIG’s advisers, and Goldman Sachs representatives were there on behalf of potential principal investors. The Fed was on Monday night asking the two banks to help arrange a bridging loan for AIG in the region…

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AIGFP – Europe – Regulatory Capital Swaps (p40-41) – While the multi-sector CDS portfolio was the primary trigger for market concerns regarding AIGFP‟s exposure to the deteriorating mortgage market, the potential termination of AIG‟s largest credit book, the regulatory capital portfolio, from a bankruptcy filing had the potential to cause significant problems for numerous European…

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AIG – BankLike-? Geithner / Warren – Warren – AIG was not a bank. Volcker – 1987-? FRB-1992-GICS-paper Pension plans that had placed funds in AIG guaranteed investment contracts, or GICs, which function much like deposits in a bank, would have experienced significant losses, losses that would be passed along to retirees or to others…

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