On the life insurance side, according to a NAIC color-coded chart about 31 percent of companies had a percentage of pledged assets
as of year-end 2011, higher than the other insurance sectors of P&C (about 20 percent), health (about 10 percent), title (about 10 percent) and fraternal a small universe of 14 companies where 10 had no assets pledged.
The ability to pledge collateral enhances a firm's debt capacity, and providing outside investors with the option to liquidate pledged assets
acts as a strong disciplining device on borrowers.
There is a possibility of the foreign creditors having the first claim over the pledged assets
of the company, leaving the domestic banks in the lurch," she added.
Kuwait, 24 August: Kuwaiti local banks are facing no pressure from the Central Bank of Kuwait (CBK) to liquidate pledged assets
, Kuwaiti Banking Association (KBA) Chairman Abdelmajid al-Shatti said here Monday.
Preparers often struggle with the level of detail to provide in note disclosures of pledged assets
and other collateral arrangements.
Amiri co-founder Richard Ellis told Reuters that Gulf-based investors have pledged assets
to the fund of funds but investments will be made when the market shows signs of improvement.
465(c)(1) could increase their at-risk amount by borrowing funds from anyone, as long as the taxpayer/borrower was personally liable for loan repayment or had pledged assets
Furthermore, governments and their depositories must mark to market the pledged assets
(mark-to-market is a periodic adjustment of the book value of a security to reflect its market value).
In addition, IBRA held pledged assets
valued at $2.
The secured creditors may have restrictions imposed that limit their ability to attach the pledged assets
- bad for the creditor, but good for the business as it tries to recover.