According to a Wall Street Journal article, New York Department of Financial Services Superintendent Benjamin Lawsky has asked 134 insurers in the state to provide information about IUL illustrations....
Research and Markets (http://www.researchandmarkets.com/research/d7f22e/austria_commercial)
has announced the addition of the "Austria
Commercial Banking Report Q2 2011" report to their offering.
The "Austria Commercial Banking Report" provides industry professionals
and strategists, corporate analysts, banking associations, government
departments and regulatory bodies with independent forecasts and
competitive intelligence on Austria's commercial banking industry.
Since Q108, BMI has described numerically the banking business
environment for each of the countries surveyed. This is done through the
Commercial Banking Business Environment Rating (CBBER), a measure that
ensures the latest quantitative information available is captured. It
also ensures consistency across all countries and between the inputs to
the CBBER and the Insurance Business Environment Rating, which is
likewise now a feature of the insurance reports. Like the Business
Environment Ratings calculated by BMI for all the other industries on
which it reports, the CBBER takes into account the limits of potential
returns and the risks to the realisation of those returns. It is
weighted 70% to the former and 30% to the latter.
The evaluation of the Limits of Potential Returns includes market
elements that are specific to the banking industry of the country in
question and elements that relate to that country in general. Within the
70% of the CBBER that takes into account the Limits of Potential
Returns, the market elements have a 60% weighting and the country
elements have a 40% weighting. The evaluation of the Risks to
Realisation of Returns also includes banking elements and country
elements (specifically, BMI's assessment of long-term country risk).
However, within the 30% of the CBBER that takes into account the risks
these elements are weighted at 40% and 60% respectively.
For more information visit http://www.researchandmarkets.com/research/d7f22e/austria_commercial
Research and MarketsLaura Wood, Senior Manager,[email protected]U.S.
Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716
Source: Research and Markets