According to the
American Council of Life Insurance, office building mortgages account for as much as 44 percent or life companies' total commercial property portfolios.
Since the ruling, NOLHGA has been coordinating with the New York Liquidation Bureau and the
American Council of Life Insurance (ACLI) (on behalf of the 39 life insurance companies who are voluntarily supporting the Restructuring Plan) to address the remaining technical components and implement the Restructuring Plan, which was approved by the lower court over a year ago, it stated.
According to officials at the
American Council of Life Insurance, the goal of this is to ensure compliance with the tax code by improving the reporting of tax-related information.
5 percent average cap rate reported for all commercial real estate by the
American Council of Life Insurance (ACLI) for September 1991.
The
American Council of Life Insurance (ACLI) is expressing concern to the Federal Reserve Board and other federal banking agencies over a proposal that suggests insurance companies with thrifts or savings and loans would be required to account for their total consolidated liabilities in accordance with U.
The
American Council of Life Insurance supports FINRA's request for further amendment and delayed applicability of Rule 2821," said Carl B.
For example, in a meeting with Federal Reserve Bank of Chicago officials last month,
American Council of Life Insurance (ACLI) staffers asked the Fed not to impose new capital standards on thrift holding companies owned by insurers.
