Standards of Prudence and Management of the Insurance Portfolio (Part 2 of 4)

In the Summer 2006 editionof the ACTEC Journal, Kathryn A. Ballsun, Patrick J. Collins, and Dieter Jurkat, write the secondpart of a four part series of articles. Titled “Standard of Prudence andManagement of the Insurance Portfolio,” this part examines the impact of thePrudent Investor Rule on holding life insurance in a trust. “Part 2 of thisarticle provides insight into the skill sets required by trustees wishing toretain investment management functions.”