The Fed Looks at Life Insurers’ Tonsils

September 25, 2019 by Allison Bell

The Federal Reserve Board looks in U.S. life insurers’ throats every three months to see how they’re doing.

The Fed probes life insurers’ finances by compiling data from sources like S&P Global and the National Association of Insurance Commissioners.

Unlike many private organizations that publish reports on life and annuity issuers’ performance, the Fed distinguishes between life insurers’ own general account investments and the customer-controlled separate accounts inside products such as variable annuities.

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Originally Posted at ThinkAdvisor on September 24, 2019 by Allison Bell.