Synthetic Guaranteed Investment Contracts GICs: An Overviewbanks were offering bank investment contracts in direct competition with GICs. At that point in time, banks ... is the conservative option in the plan and they care about that a great deal. In fact, I think the industry ...
Description: This session from the 1995 SOA Boston Meeting discusses synthetic GICs, an overview of what a wrap is, the product development and investment implications, and the current regulatory environment. From the Record of the Society of Actuaries, Vol. 21, No. 4a.Hide
- Authors: Mark Joseph Goldman, Judith Markland, James McDevitt, Klaus Shigley
- Date: Oct 1995
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Finance & Investments>Investments; Public Policy