Junk Bonds

Junk Bonds

Another area of concern relating to solvency is investments by insurers. Recently , some states have expressed concern over investment by life insurance companies in high yield /high risk obligations , referred to as “junk bonds.”

–STATEMENT OF NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS – John Washburn , Director of Insurance for the State of Illinois and Vice President of the National Association of Insurance Commissioners 

1987 –  GOV Developments In State Insurance Regulation – 511p

Executive-Life-Junk-Bonds-The_Los_Angeles_Times_Fri__Apr_12__1991_-scaled 1991-Junk-Bonds-