To learn more about why the TSR Ratio™ analysis is so important today, please take a look at some of the articles, letters and research papers that further address the prevalent higher-risk asset concentrations and opaque/offshore reinsurance, relative to the for-profit life insurer’s surplus:
Final Letter to NAIC
Critics Call for Reinsurance Crackdown
Why Athene's '$19B of Surplus' Is Misleading
Senator Sherrod Brown Letter
Gober Letter to US Sen Banking Committee
NAIC Reassures Congress on PE - Led Ins.
New Reinsurance Strategy
Shining A Light on a Shadow Industry
Gober Position on NAIC Credit for Reinsurance
Eileen Appelbaum Paper