Survey respondents also predicted problems for life insurers who wrote guaranteed investment contracts
or offered guaranteed benefits to their policyholders.
Mainstream ideas include stable value funds that have short- and medium-term bonds, guaranteed investment contracts
and insurance to keep the fund's net-asset value stable.
According to the Financial Accounting Standards Board, questions have been raised regarding proper accounting for such contracts as insurance contracts, guaranteed investment contracts
and synthetic GICs since issuance of its Statement No.
The changes give local governments the ability to contract with outside investment firms, use guaranteed investment contracts
that allow for a specific rate of return on investment capital, and municipalities with fewer than five full-time employees now can decrease their training requirements.
ARM Financial Group provides annuities and maintains guaranteed investment contracts
through its insurance subsidiaries, Integrity Life Insurance Company and National Integrity Life Insurance Company.
Among the several investment choices in the plan were guaranteed investment contracts
issued by the Executive Life Insurance Co.
Traditional guaranteed investment contracts
are the cornerstone of many a pension-fund management strategy.
The Financial Accounting Standards Board issued exposure drafts on fair value for guaranteed investment contracts
(GICs) and on accounting for reinsurance contracts as well as an interpretation about offsetting amounts related to specific contracts.
Insurance companies are concerned about (i) liquidity problems emanating from their guaranteed investment contracts
and (ii) existing mortgages on properties having significant lease rollovers.
Are there any problems associated with avoiding the complexity of the arbitrage rebate calculations by investing bond proceeds in guaranteed investment contracts
The lawsuit alleges that financial companies and brokers agreed among themselves to give cities artificially low bids for Guaranteed Investment Contracts
, which cities use to earn interest on municipal bond funds.
Regulators weigh the liquidity risks in guaranteed investment contracts
and similar instruments after General American's ordeal.