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.

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.

Asset Allocation - TRC Financial.png

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.

Insurance Benefits - TRC Financial.png

Tax-Efficient Asset

Investment gains are tax-deferred or tax-free if the ICOLI is held until the insured's death.

M Financial.png

Proprietary

Retail “off-the-shelf” life insurance products do not meet the needs of institutional corporate clients - we offer proprietary products.

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

Step 1 - TRC Financial.png

Information

Gather information on reserve investments, Risk-Based Capital, business assumptions, and potential insured group of employees.

Step 2 - TRC Financial.png

Analysis

Evaluate product and appropriate investment options, develop a cash flow and earnings impact model.

Step 3 - TRC Financial.png

Issue & Manage

Issue the ICOLI contracts on the insured population, wire the initial premium, and report on monthly values.