"Total reported statutory investment
returns will be boosted by substantial unrealized investment gains from equity investments in 2013, barring unusual year-end market movement," says Fitch.
In 1983, following changes to the "statutory investment
list," the APFC made its first investment in the stock market, and later that year, in real estate.
The investment complies with statutory investment
requirements in terms of minimum investment guidelines for investments in Namibia.
Not only will this help drive our product development area, but her extensive knowledge of statutory investment
schedules will be a benefit to all of our customers and our organization.
yields through year-end 2009, which had been relatively flat prior to 2008, continued to compress during 2009.
"In addition to the CRA revision, passing the amendment to national banks' statutory investment
authority would also give banks an important tool to help foreclosure-plagued urban and suburban middle-income areas.
This is important because most statutory investment
guidelines are stated in NAIC ratings.
* State authority over solvency, based on statutory investment
and risk-based capital requirements and financial examinations every three years unless financial strength justifies a deferment to five years.
This 15 percent threshold allows banking organizations a cushion for growth between the statutory investment
limit and the higher capital charges under the revised proposal.
The study covered the following major aspects of the VRS investment program: organizational structure, policies and procedures, asset allocation, investment performance, managed futures and statutory investment