Between the two types of hybrid platforms, annuities typically require the least amount of underwriting as there is less immediate
capital risk to the insurance company.
Between the two types of hybrid platforms, annuities typically require the least amount of underwriting as there is less immediate
capital risk to the insurance company.
Not exact matches
Examples of these
risks, uncertainties and other factors include, but are not limited
to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the
risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances
to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability
to obtain adequate
insurance coverage; our substantial indebtedness, including the ability
to raise additional
capital to fund our operations, and
to generate the necessary amount of cash
to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors
to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability
to borrow and could increase our counterparty credit
risks, including those under our credit facilities, derivatives, contingent obligations,
insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability
to recruit or retain qualified personnel or the loss of key personnel; future changes relating
to how external distribution channels sell and market our cruises; our reliance on third parties
to provide hotel management services
to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability
to keep pace with developments in technology; amendments
to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «
Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the
Company with the Securities and Exchange Commission.
Their performance is linked
to the performance of a stock market index, which is often but not always the S&P 500 — Nationwide's New Heights Fixed Indexed Annuities offers the option of linking
to a index from Zebra
Capital Management, founded by Ibbotson, its chairman and chief investment officer — but the gains are limited because the
insurance company bears the
risk, and losses are not a factor.
Risk - based
capital standards need
to be tightened
to at least the level of
insurance companies, if not tighter.
The
capital needed for a global shift
to low - carbon energy systems can be mobilized from highly liquid but
risk - averse institutional investors, such as pension funds,
insurance companies, and sovereign wealth funds, which have assets of more than $ 80 trillion.
Indeed, the AR5 report will help
to accelerate the trend of
insurance companies looking
to encourage
risk reduction
to climate change through the hardening of key infrastructure and other vulnerable
capital assets.
Brian's regulatory advisory work extends
to insurance, banking and money transmitter laws, the Dodd - Frank Act, the National Bank Act, the Bank Holding Company Act, the FDIA, the Insurance Holding Company System Regulatory Act, U.S. securities laws, the Basel 3 risk - based and leverage capital rules, NAIC's RBC rules, the Insurers Rehabilitation and Liquidation Act, BSA / AML and OFAC rules, federal and state privacy rules (including GLB restrictions), FCRA, EFTA and Regulation E, and Durbin / Regul
insurance, banking and money transmitter laws, the Dodd - Frank Act, the National Bank Act, the Bank Holding
Company Act, the FDIA, the
Insurance Holding Company System Regulatory Act, U.S. securities laws, the Basel 3 risk - based and leverage capital rules, NAIC's RBC rules, the Insurers Rehabilitation and Liquidation Act, BSA / AML and OFAC rules, federal and state privacy rules (including GLB restrictions), FCRA, EFTA and Regulation E, and Durbin / Regul
Insurance Holding
Company System Regulatory Act, U.S. securities laws, the Basel 3
risk - based and leverage
capital rules, NAIC's RBC rules, the Insurers Rehabilitation and Liquidation Act, BSA / AML and OFAC rules, federal and state privacy rules (including GLB restrictions), FCRA, EFTA and Regulation E, and Durbin / Regulation II.
Life
insurance companies have
to take into account their number of policyholders, the amount of potential benefits they'd need
to pay out, the revenue they're bringing in, and more
to determine the amount of
risk they're opening themselves up
to, and therefore the amount of
capital they need
to have in reserve.
Capital Management — Insurance companies need to set aside funds to cover the eventualities of claims, in the case of high risk policies with high potential financial liabilities a reinsurance agreement will enable the company to manage some of this risk prudently and thus free up capital for other p
Capital Management —
Insurance companies need
to set aside funds
to cover the eventualities of claims, in the case of high
risk policies with high potential financial liabilities a reinsurance agreement will enable the
company to manage some of this
risk prudently and thus free up
capital for other p
capital for other projects
The solvency ratio of an
insurance company is the size of its
capital relative
to all the
risk it has taken, which is all liabilities subtracted from total assets.
However if an
insurance company finds itself short of
capital a policy holder is at some
risk that their policy's obligations may not be able
to be met.