January 16, 2017

Tax Cuts, AMT and Munis: Taxes and Municipal Bond Allocation for Property-Casualty Investors

The potential for lower tax rates under a new administration could have a significant impact on Property-Casualty (P/C) insurers' capacity for municipal bonds, and will certainly affect the tax-equivalent yield (TEY) (makes the yield on a tax-advantaged security comparable to a taxable) multiplier yield.

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