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The importance of Security And Exchange Commission (SEC)
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[QUOTE="Phabbyfundz, post: 159295, member: 49202"] The organization that oversees publicly held insurance companies, those companies make periodic financial disclosures to the Security And Exchange Commission (SEC) , including an annual financial statement and a quarterly financial statement. Companies must also disclose and material event and other information about the stock. Securitization of insurance risks using the capital market to expand and diversify the assumption of insurance risks the issuance of bonds and notes to third party investors directly or indirectly by an insurance or reinsurance company or a pooling entity as a means of raising money to cover risks. Segregated account is an investment account that insurers maintain separately from a general account to help manage the funds placed in variable insurance products such as variable annuities. [/QUOTE]
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