Insurance Company-Owned Life Insurance
An institutional life insurance product chassis allows an insurance company to allocate a portion of its surplus into corporate-owned life insurance, often referred to as ICOLI. Life insurance is an admitted asset, delivers tax-deferred or tax-free investment gains, and reduces Risk-Based Capital (RBC) charges.
Help improve your earnings
An admitted asset with reduced Risk-Based Capital (RBC) charges while allowing for a more aggressive asset allocation and higher yield potential.
We deliver proprietary and institutional ICOLI products.
Risk-Based Capital
An admitted asset with reduced Risk-Based Capital (RBC) charges while allowing for a more aggressive asset allocation and higher yield potential.
Tax-Efficient Asset
Investment gains are tax-deferred or tax-free if the ICOLI is held until the insured's death.
Proprietary
Retail “off-the-shelf” life insurance products may not meet the needs of institutional corporate clients - we offer proprietary products.
Help improve earnings & reduce RBC
Our clients invest in Insurance Company-Owned Life Insurance (ICOLI) to reallocate a portion of surplus while improving net after-tax earnings and reducing Risk-Based Capital (RBC). The RBC charge for life insurance companies is 0% and 5% for property & casualty companies.
How It Works
Information
Gather information on reserve investments, Risk-Based Capital, business assumptions, and potential insured group of employees.
Analysis
Evaluate product and appropriate investment options, develop a cash flow and earnings impact model.
Issue & Manage
Issue the ICOLI contracts on the insured population, wire the initial premium, and report on monthly values.