Systemic

Contagion Run – Index 1994 – FRB / AP – Announcements of Asset-Quality Problems and Contagion Effects in the Life Insurance Industry, Journal of Financial Economics, Vol. 35, No. 2 – 29p 2014 1218 – LC – 15-cv-45 – MetLife v FSOC – re: MetLife – D85-2, 85-2 – Explanation of the Basis of the Financial…

Systemic Risk – Actuarial – International (p1) From a regulatory position, the simple postulation that insurance sector entities will not be a source of future systemic risk events due to historical observation could lead to the failure to identify, assess, monitor and mitigate the critical trends and signs of future systemic risk events. (p38) Future…

Systemic Risk – Actuarial The insurance sector is subject to a range of potential systemic risks. 2009 1124 – Financial Regulatory Reform Task Force of the American Academy of Actuaries Letter to GOV – Barney Frank/Spencer Bachus – <House Financial Services Committee> – 3p 2020 02 – Systemic Risk in China’s Insurance Industry, Society of Actuaries…

The Systemic Risk Council systemicriskcouncil.org/ cfainstitute.org/ ….former government officials and financial and legal experts committed to addressing regulatory and structural issues relating to global systemic risk, with a particular focus on the United States and Europe. Members: Sheila Bair – Founding Chair of Systemic Risk Council Former FDIC Chair Brooksley Born – Former U.S. Commodity Futures…

Systemic Risk – Universal Life Insurance 3.2 Universal life Insurance (p10) – Because of the lowest guaranteed benefits that universal insurance provide, regulators and scholars widely discuss the potential systemic risk posed by universal insurance. 2020 02 – SOA – Systemic Risk in China’s Insurance Industry, Society of Actuaries – 55p Even the creation of a…

Systemic Risk – NAIC https://content.naic.org/cipr_topics/topic_global_systemically_important_insurers_gsiis.htm The very nature of insurance significantly reduces the potential of a run-on-the-bank scenario for property/casualty, health and most life insurance products. For those limited products sold by insurers that could be subject to some level of run risk, mitigating factors exist such as policy loan limitations, surrender/withdrawal penalties, and additional…

Systemic Risk – Papers 2010 – AP – Measuring Systemic Risk in the Finance and Insurance Sectors, by Monica Billio – 68p 2010 – NAIC CIPR – Systemic Risk and the U.S. Insurance Sector – by Mary Weiss – 40p 2014 – LR – Regulating Systemic Risk in Insurance, Daniel Schwartz — [BonkNote] — 73p 2016 – FRB-C…

Is the Insurance Industry Exposed to Systemic Risk? Systemic risk afflicts all life insurance and investment firms around the world. 2009 – AIG: Is the Risk Systemic?, 26 Feb 2009 – Report – 21p <YES> The insurance industry is exposed to systemic risk. The viability of the insurance sector rests on the perception that insurers can and…

ACLI – Systemic Risk 2009 – 2009 1026 – InsuranceNewsNet – Relieved to Have Survived a Dangerous Year, ACLI Members Look Ahead, By Ron Panko, senior associate editor, Best’s Review – [link] The year certainly tested the ACLI leadership. Frank Keating, its president and CEO, related the many actions he and his team took to…

Systemic Risk – People FIO Michael McGraith – IL FSOC Roy Woodall – Independent Insurance Expert – Voting Member Lew – Treasury Government Kanjorski NAIC John Huff – IOWA Adam Hamm – ND Michael McGraith – IL Vaughan Academics Daniel Schwarcz – Law Martin Grace – Economics 2009/05/14 – GOV – Testimony: …

Contagion

Systemic Risk – Actuarial – International

Systemic Risk – Actuarial

Systemic Risk Council

Systemic Risk – Universal Life Insurance

NAIC – Systemic Risk

Systemic Risk – Papers

Q: Is the Insurance Industry Exposed to Systemic Risk?

ACLI – Systemic Risk

Systemic Risk – People