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Annuity Legislation -
Investment Regulation |
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Investment Regulation
Just as there are laws insurers must follow to protect their investments, there are also regulations that monitor and restrict the investments themselves. In light of earlier insolvencies among annuity carriers, the NAIC moved to limit the types of investments that have caused trouble for carriers. There are now strict limits on affiliated investments, or investments that an insurer makes in itself or in its subsidiary companies, and below investment-trade bonds (junk bonds). New regulations are being considered to better contain problem mortgages and real estate.
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