NAIC eyes closer scrutiny of CMOs. (National Association of Insurance Commissioners; collateralized mortgage obligations): An article from: National ... & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on July 13, 1992. The length of the article is 527 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The National Association of Insurance Commissioners' Invested Asset Working Group has recommended changing the way insurance company annual statements report investments in collateralized mortgage obligations (CMOs). The Schedule D section of annual reports would be amended in 1993 to classify CMOs by bond type. Insurance companies are large investors in CMOs, which contain a degree of risk and volatility based on cash flow. The working group is also looking into establishing, by 1994, a volatility index of risk exposure.

Citation Details
Title: NAIC eyes closer scrutiny of CMOs. (National Association of Insurance Commissioners; collateralized mortgage obligations)
Author: Cynthia Crosson
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: July 13, 1992
Publisher: The National Underwriter Company
Issue: n28 Page: p37(1)

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