June 2002

Insurance Activities

This publication is a part of:

Collection: Comptroller’s Handbook

Series: Safety and Soundness

Category: Management

Overview

This booklet risks, controls, and regulatory requirements degrading national banks' insurance sales activities. It describes the various insurance activities permissible for national banks and their subsidiaries and the organizational structures within which these activities may be conducted.

Applicability

This booklet applies to the OCC's supervision of national banks. References to national banks in this booklet also generally apply to federal branches and agencies of foreign banking organizations. Refer to 12 USC 3102(b) and the "Federal Branches and Agencies Supervision" booklet of the Comptroller's Handbook for more information.

For information applicable to federal savings associations, refer to former Office of Thrift Supervision Examination Handbook section 720, "Insurance," and section 1380, "Insurance Consumer Protection."