Tuesday, August 14, 2007

 

The Windfall of an Oversight: A Rule to Ensure that Life Insurers Have Enough Reserves is Turning Out to be a Boon for Captive Insurance Vehicles

As an unintended consequence of a regulatory oversight, big life insurers set up captives to help them manage the redundant reserves ontheir guaranteed level term life insurance policies. South Carolina and Vermont are reaping the benefit.

The Windfall of an Oversight: A Rule to Ensure that Life Insurers Have Enough Reserves is Turning Out to be a Boon for Captive Insurance Vehicles
Source: Insurance News Net

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