|By Fran Lysiak|
|A.M. Best Company, Inc.|
Historically low interest rates, stock market volatility, uncertainty over the European debt crisis, along with some key unresolved aspects of U.S. financial services reform and reserving for universal life insurance policies with a secondary death benefit guarantee dominated some life insurers' third-quarter earnings conference calls
Here's what industry executives were talking about:
Low interest rates
'Systemically Important Financial Institution'
Grier: With respect to the potential to be [a SIFI], there are couple of different issues there. One is the broad question of oversight, as it would relate to, particularly, the holding company and the unregulated subs, which is a hot topic in light of the experience with AIG and the financial crisis…. We are not currently in the same category as a bank holding company. In that respect, we don't have the same kinds of issues that some other companies have.
Actuarial Guideline 38
Glass: Our reserves are more than adequate and … we comply with this particular regulation…. Our main regulator, the state of
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