DOCSLIB.ORG

Swiss Re Announces Final Close of EUR 329 Million European Clean Energy Fund

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Swiss Re Announces Final Close of EUR 329 Million European Clean Energy Fund Media information ab Swiss Re announces final close of EUR 329 million European Clean Energy Fund Contact: Zurich, 12 April 2007 – Swiss Re announces the successful close of the EUR 329 million European Clean Energy Fund, one of Media Relations, Zurich Telephone +41 43 285 7171 the largest funds of this type in Europe. The Fund, a UN accredited investment vehicle, provides capital to European clean Corporate Communications, Asia Telephone +852 2582 36 energy projects, which are environmentally beneficial, generate carbon credits or tradable renewable energy certificates. Corporate Communications, London Telephone +44 20 2239 The European Clean Energy Fund raised EUR 329.2 million from Corporate Communications, New York Telephone +1 212 317 5663 institutional investors in Europe, Canada and the United States. The Fund provides mezzanine and equity capital to a host of Investor Relations, Zürich Telephone +41 43 285 4444 environmentally-friendly initiatives, including wind, solar, hydro- electric, geothermal and waste-to-energy projects. Swiss Re is the anchor investor in the Fund and acts as carbon Swiss Reinsurance Company advisor for the selected projects. The Fund was placed in Europe Mythenquai 50/60 P.O. Box by Swiss Re’s affiliate, Conning Research and Consulting. TCW, CH-8022 Zurich an indirect subsidiary of Société Générale, is the Fund’s Telephone +41 43 285 2121 investment manager. Fax +41 43 285 2999 www.swissre.com Jacques Aigrain, Swiss Re’s Chief Executive Officer, said, “The launch of the European Clean Energy Fund is part of Swiss Re’s commitment to the Clinton Global Initiative and another important step in our approach to tackle the issue of climate change. This Fund not only contributes to the progress of clean energy projects, it also aims to provide attractive returns to investors, while enhancing Swiss Re’s expertise in the environmental markets business, both in investments and carbon market services.” Walter Blasberg, Conning's Head of Client Business Development, commented, "The European Clean Energy Fund was attractive to investors because of its strong and skilled sponsors, its potential to offer healthy returns and the opportunity to allow investors to make a difference in the environment." Page 1/3 The United Nations Economic Commission for Europe awarded the Fund a mandate under the Energy Efficiency 21 Project. This qualifies the Fund as an accredited investment vehicle within the UN system, which allows the Fund to participate in special project financing initiatives and to receive UN grant money for Kyoto Protocol and climate change related projects. Notes to editors Swiss Re Swiss Re is the world’s leading and most diversified global reinsurer. The company operates through offices in more than 25 countries. Founded in Zurich, Switzer- land, in 1863, Swiss Re offers financial services products that enable risk-taking essential to enterprise and progress. The company’s traditional reinsurance products and related services for property and casualty, as well as the life and health business are complemented by insurance-based corporate finance solutions and supplementary services for comprehensive risk management. Swiss Re is rated “AA-“ by Standard & Poor’s, “Aa2” by Moody’s and “A+” by A.M. Best. Conning & Company Conning & Company, founded in 1912, is one of the leading global providers of asset management services and insurance industry research. Conning’s services include: (1) integrated investment management solutions ($67.8 billion under management at year-end 2006), (2) comprehensive insurance industry research, and (3) strategic financial consulting. The company is headquartered in Hartford, Connecticut with additional offices in London, Dublin and Hong Kong. Conning is owned 100% by Swiss Re. Conning Research and Consulting is the broker-dealer affiliate of Conning. TCW Founded in 1971, The TCW Group develops and manages a broad range of innovative, value-added investment products that strive to enhance and protect clients’ wealth. The firm has approximately $150 billion in assets under management. TCW clients include many large corporate and public pension plans,, financial institutions, endowments and foundations, as well as a substantial number of foreign investors and high net worth individuals. TCW is a subsidiary of Société Générale Asset Management, which has approximately $460 billion under management. TCW's Energy & Infrastructure Group is one of the leading providers of institutional capital to the energy sector globally with more than $7.4 billion of capital invested in more than 190 energy projects and companies in 22 countries. Cautionary note on forward-looking statements Certain statements and illustrations contained herein are forward-looking. These statements and illustrations provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical fact or current fact. Forward-looking statements typically are identified by words or phrases such as "anticipate", "assume", "believe", "continue", "estimate", "expect", "foresee", "intend", "may increase" and "may fluctuate" and similar expressions or by future or conditional verbs such as "will", "should", "would" and "could". These forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause Swiss Re's actual results, performance, achievements or prospects to be materially different from any future results, performance, achievements or prospects expressed or implied by such statements. Such factors include, among others: • the impact of significant investments, acquisitions or dispositions, and any delays, unexpected costs or other issues experienced in connection with any such transactions, including, in the case of acquisitions, issues arising in connection with integrating acquired operations; • cyclicality of the reinsurance industry; • changes in general economic conditions, particularly in our core markets; • uncertainties in estimating reserves; • the performance of financial markets; Page 2/3 • expected changes in our investment results as a result of the changed composition of our invested assets or changes in our investment policy; • the frequency, severity and development of insured claim events; • acts of terrorism and acts of war; • mortality and morbidity experience; • policy renewal and lapse rates; • changes in rating agency policies or practices; • the lowering or withdrawal of one or more of the financial strength or credit ratings of one or more of our subsidiaries; • changes in levels of interest rates; • political risks in the countries in which we operate or in which we insure risks; • extraordinary events affecting our clients, such as bankruptcies and liquidations; • risks associated with implementing our business strategies; • changes in currency exchange rates; • changes in laws and regulations, including changes in accounting standards and taxation requirements; and • changes in competitive pressures. These factors are not exhaustive. We operate in a continually changing environment and new risks emerge continually. Readers are cautioned not to place undue reliance on forward-looking statements. We undertake no obligation to publicly revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. Page 3/3 .
Load more

Recommended publications
  • 2019 Insurance Fact Book
    2019 Insurance Fact Book TO THE READER Imagine a world without insurance. Some might say, “So what?” or “Yes to that!” when reading the sentence above. And that’s understandable, given that often the best experience one can have with insurance is not to receive the benefits of the product at all, after a disaster or other loss. And others—who already have some understanding or even appreciation for insurance—might say it provides protection against financial aspects of a premature death, injury, loss of property, loss of earning power, legal liability or other unexpected expenses. All that is true. We are the financial first responders. But there is so much more. Insurance drives economic growth. It provides stability against risks. It encourages resilience. Recent disasters have demonstrated the vital role the industry plays in recovery—and that without insurance, the impact on individuals, businesses and communities can be devastating. As insurers, we know that even with all that we protect now, the coverage gap is still too big. We want to close that gap. That desire is reflected in changes to this year’s Insurance Information Institute (I.I.I.)Insurance Fact Book. We have added new information on coastal storm surge risk and hail as well as reinsurance and the growing problem of marijuana and impaired driving. We have updated the section on litigiousness to include tort costs and compensation by state, and assignment of benefits litigation, a growing problem in Florida. As always, the book provides valuable information on: • World and U.S. catastrophes • Property/casualty and life/health insurance results and investments • Personal expenditures on auto and homeowners insurance • Major types of insurance losses, including vehicle accidents, homeowners claims, crime and workplace accidents • State auto insurance laws The I.I.I.
    [Show full text]
  • National Association of Professional Surplus Lines Offices, Ltd
    National Association of Professional Surplus Lines Offices, Ltd. Analysis of Non-Loss Costs by Conning Insurance Research September 2016 One Financial Plaza Hartford, CT 06103 | www.conning.com © 2016 Conning, Inc. This research publication is copyrighted with all rights reserved. No part of this research publication may be reproduced, transcribed, transmitted, stored in an electronic retrieval system, or translated into any language in any form by any means without the prior written permission of Conning. Table of Contents I. Purpose of Report II. Executive Summary III. Summary Methodology IV. Analysis of Non-Loss Cost Expenses V. Profile of Composites VI. Appendix © 2016 Conning, Inc. This research publication is copyrighted with all rights reserved. No part of this research publication may be reproduced, transcribed, transmitted, stored in an electronic retrieval system, or translated into any 2 language in any form by any means without the prior written permission of Conning. Purpose of Report National Association of Professional Surplus Lines Offices, Ltd. (“NAPSLO”) retained Conning Inc.'s Insurance Research Division (“Conning”) to conduct an analysis of the relative non-loss costs of commercial insurance policies distributed through wholesale brokerage channels as compared to retail brokerage channels. © 2016 Conning, Inc. This research publication is copyrighted with all rights reserved. No part of this research publication may be reproduced, transcribed, transmitted, stored in an electronic retrieval system, or translated into any 3 language in any form by any means without the prior written permission of Conning. Executive Summary Conning measured all non-loss costs relative to premium from 2010 to 2015 for individual insurance companies that predominantly write commercial insurance.
    [Show full text]
  • 1 JONATHAN H. CONNING October 2008
    JONATHAN H. CONNING October 2008 Department of Economics Hunter College and The Graduate Center City University of New York 695 Park Avenue, New York, NY 10021 Phone: 212-772-5403 Email: [email protected] URL: urban.hunter.cuny.edu/~conning/ Education Yale University, New Haven, CT Ph.D. in Economics, 1996. Dissertation: "Financial Contracting and Intermediary Structures in a Rural Credit Market in Chile." Advisors: Bengt Holmstrom, T.N. Srinivasan, R.E. Evenson. Swarthmore College, Swarthmore, PA Bachelors of Arts in Economics (with High Honors), 1986. Current Position and Affiliations Associate Professor with tenure, Department of Economics Hunter College, City University of New York (Fall 2007-present) Doctoral Faculty, Ph.D. Program in Economics (2002-present) The Graduate Center, City University of New York Previous Professional Experience Assistant Professor, Hunter College, Department of Economics, (2002–Fall 2007) Acting Deputy Chair, Department of Economics, Hunter College. Spring 2007 Visiting Adjunct Associate Professor, Columbia University, Spring 2008 Profesor Visitante, Centro de Economía Aplicada, Departamento de Ingeniería Industrial, Universidad de Chile, Santiago. Fall 2007 Visiting Scholar, Institute for Social and Economic Research (ISER), Osaka Japan, June-July 2007. Assistant Professor, Williams College, Department of Economics, 1996–2002. Visiting Scholar, Boston University, Institute for Economic Development, Fall 2000. Visiting Fellow, Economic Growth Center, Yale University, Fall 1999–Summer 2000. Associated Researcher, Rural Finance Program, The Ohio State University, 1998–present. Visiting Assistant Professor, Summer 1998. Research Fellow, Université de Montréal, C.R.D.E., Department of Economics, 1995–1996. Research Grants and Fellowships Fulbright Scholar Research and Lecturing Award (August -December 2007) University of Chile, Centro de Economía Aplicada, Departamento de Ingeniería Industrial, Santiago.
    [Show full text]
  • State of the States May 2021
    ® Municipal Bond Credit Perspectives State of the States May 2021 ASSET MANAGEMENT | WHITE PAPER Conning Changes Outlook to Stable Key Findings » Conning changes outlook to stable from declining on state credit quality » Impact of COVID-19 on state finances was less significant than expected and recovery is well on track » Stimulus aided states both directly and indirectly » Some states outperformed because of their economies and tax climates » Work-from-home dynamics impacted population changes and fueled regional housing price growth » Financial markets recovered quickly, benefitting states’ investment income tax and pension funding levels » Sales tax revenue was unexpectedly resilient Exhibit 1: State of the States Rank May 2021 WA MT ME ND MN OR VT ID NH WI NY SD MA RI WY MI CT IA PA NV NE NJ OH UT IL IN DE CA CO WV VA MD KS MO KY NC TN AZ OK NM AR 1-10 SC MS AL GA 11-20 TX LA 21-30 AK FL 31-40 41-50 HI © Conning Inc. 2021 conning.com 1 State of the States ® Contents Executive Summary ..................2 Indicators: Economic Activity ......... 12 2021 Findings .......................3 Indicators: Financial Metrics ......... 16 Indicators: Socio-Economic Conditions ...7 Conclusion........................ 20 Executive Summary: Conning Changes Outlook to Stable Conning believes state credit quality stabilized because of improving economic conditions, unprecedented federal stimulus and a pandemic that impacted states’ finances less than initially projected. We expect states’ revenue growth to outpace debt growth, and for credit quality to further stabilize. However, a state’s tax revenue might be up, down, or steady depending on, among other things, the prevalence of the novel coronavirus, the state’s major economic sectors, or its revenue system.
    [Show full text]
  • World Risk and Insurance News Is “Connecting with Conning” in a New Monthly Series on WRIN.Tv
    News Alert from WRIN.tv World Risk and Insurance News is “Connecting with Conning” in a new Monthly Series on WRIN.tv. The new video series will feature Conning leaders discussing topics such as investment strategies and new research and trends affecting decision-making in the insurance industry. New York, NY. May 6, 2014 – World Risk and Insurance News, Inc. (WRIN.tv), the online video news network for the global insurance community, announced a new monthly series it is producing with Conning, a leading global provider of asset management services, risk and capital management solutions and research to the insurance industry. The “Connecting with Conning” series will feature interviews with leaders from Conning discussing topics important to insurance executives including investment strategies, trade finance, municipal bond markets, Master Limited Partnerships, trends in technology, and more. Rich Sega, Chief Investment Officer at Conning, said, “The Connecting with Conning series on WRIN.tv provides our thought leaders with an effective way to share their insights and explain the trends they see. It is a terrific supplement to the in-depth research and advice we provide our clients every day.” “We are pleased to have Conning on World Risk and Insurance News,” said WRIN.tv President and COO John P. Greene. “Conning is a well-respected source of information and analysis within the risk and insurance industry, and now an important and unique contributor to the WRIN.tv audience.” In the first edition of “Connecting with Conning”, Adam Dener,
    [Show full text]
  • Metlife, Inc. Annual Report Chairman’S Letter
    MetLife, Inc. Annual Report chairman’s letter To MetLife Shareholders: MetLife’s corporate vision—to build financial freedom for everyone—guides our response to people’s growing need for first-rate financial products and services through various life stages and economic cycles. Our trusted brand, capital strength, and existing relationships with nine million U.S. households and 70,000 corporations representing 33 million individuals uniquely position MetLife among its competi- tors. We plan to become the recognized leader throughout the world for relationship building, connect- edness and caring in financial services, serving 100 million customers by 2010. We have the talent and resources to succeed in this effort. The ‘‘everyone’’ in our vision took on added meaning in 2000 as we welcomed an important new constituency: you, our shareholders. MetLife transformed itself from mutual to stock ownership in April 2000 through a demutualization and initial public offering that was completed just 18 months after Board authorization. The transaction raised $5.2 billion and made MetLife America’s most widely held stock. We are proud to report our annual results for the first time as a public company. H Operating Earnings Increase 18% For the year 2000, MetLife’s after-tax operating earnings increased 18%, to $1.54 billion from adjusted operating earnings of $1.31 billion in 1999. Diluted operating earnings per share for 2000 were $1.96, on a pro forma basis. Operating return on equity increased to 10.5% for the year, from adjusted operating return on equity of 9.5% in 1999. Most lines of business contributed to this strong performance.
    [Show full text]
  • Historic Manuscript Collection Deeds
    Grems-Doolittle Library Schenectady County Historical Society 32 Washington Ave., Schenectady, NY 12305 (518) 374-0263 [email protected] www.schenectadyhistorical.org Historic Manuscript Collection Deeds No. Date Description D 1 1705/6 Peter Schuyler, John Sanders Glen, Adam Vrooman, Daniel Janse, John Bpt. van Eps, patentees of Schenectady, selling to William and Jacobus Peek land which had been previously sold to Peeks. Eight morgens on second flat. D 2 22 Dec 1749 Reformed Church to Claus van den Bogart, hatmaker. Saw mill on Steenkill South side of Mohawk River 1 1/4 mile down river. D 3 17 Jun 1741 Reformed Church to Joseph Bragham. Granted December 16, 1737 to Arent Bradt and John Wemp. S W corner of Schenectady; both sides of Normanskill. D 4 27 Sept 1733 Reformed Church to Harmanus Vedder and Harmanus Vedder, Jr., yeomen of Schenectady. In township of Schenectady, S side of Mill Creek, beginning at Mill dam. D 5 8 Jan 1738 Trustees of Schenectady to Arent Vedder, yeoman, S side of Mohawk River about 9 miles above the town of Schenectady at Toweruna. D 6 5 Jun 1714 Jonathan Dyer, bricklayer, of New York to Ryer Schermerhoorn, gentleman. Sixth flat on N side of Mohawk River opposite land of Jan Mabee. D 7 27 May 1717 Trustees of Schenectady to Cornelius Slingerland, blacksmith. ½ mile E of town of Schenectady known at the Stone Backer Yard. D 8 17 Aug 1708 Trustees of Schenectady to Hendrick Hanson of the city of Albany, attorney for Ryer Schermerhorn. D 9 13 Dec 1718 Trustees of Schenectady and Adam Vrooman.
    [Show full text]
  • Firms with NFMA Members
    Firms with NFMA members A. G. Edwards & Sons Inc Fitch Ratings PNC A. Montag & Associates FMSbonds, Inc. Policy Innovation, LLC ACA Capital Fortis Financial Services Principal Global Investors Aetna Franklin Templeton Progressive Capital Management AGFS Frasca & Associates, LLCFSA Prudential Investments AIG Investments FSI Capital, LLC Public Financial Mangement Aim Capital Management Inc FT Interactive Data Public Resources Advisory Group Akerman Senterfitt Fundamental Partners, LP Putnam Investments AllianceBernstein Gannett Welsh & Kotler Radian Asset Assurance, Inc. Allstate Insurance Companies GE Capital Raymond James Ambac George K. Baum, Inc. RBC Capital Markets American Century Investment Management Glickenhaus & Co. Richter Bober Asset Management Appleton Partners Goldman Sachs Riversource Investments ARVEST Asset Management Governmental Accounting Standards Board RNC Genter Capital Management LLC Asset Preservation Advisors Grandfield & Dodd LLC Robeco Investment Management Assured Guaranty Griffin Kubik Stephens & Thompson Roosevelt & Cross Inc Banc of America Securities Guardian Life Ins Sage Advisory Services Bank of New York Hale and Dorr Capital Management LLP Samson Capital Advisors Bank of the West Harris Trust & Savings Saybrook Capital Bankers Trust Private Banking Hartford Investment Mgmt Co Scotia Capital Bayerische Landesbank Helaba Seattle-Northwest Securities Bayview Municipal Advisory HighMark Capital Mgmt Sentry Investment Management, Inc. BB&T Capital Markets HVB Group Sit Investment Associates BC Ziegler & Co. IBM Global Financing SMC Fixed Income Advisors Bear Stearns & Co., Inc. InnoVative Capital LLC Smith Affiliated Capital Bergen Capital Interactive Data Corp Smith’s Research & Ratings Bernardi Securities J & W Seligman Societe Generale BlackRock Janus Capital Group Southwest Securities Bloomberg LP JB Hanauer & Co. Spectrum Asset Management Inc. Blue Chip Investing JB Phillips Consulting, LLC Standard & Poor’s BNP Paribas John Hancock Advisors, LLC Standard & Poor’s/J.J.
    [Show full text]
  • The Disruptors
    Recognizing Trends and Managing Risk in Tomorrow's Insurance Market The Disruptors 2016 CAS Spring Meeting Sheraton Seattle Hotel Seattle, WA CONNING® | One Financial Plaza Hartford, CT 06103 | www.conning.com | © 2016 Conning, Inc. P-C Industry Shrinking as a Slice of the U.S. Economic Pie Property-Casualty Direct Premium Written as Percentage of U.S. GDP 4.2% 4.1% 4.0% 3.9% 3.8% 3.7% 3.6% 3.5% 3.4% 3.3% 3.2% 3.1% 3.0% 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Data source: © A.M. Best Company—used by permission, Census Bureau, Conning analysis © 2016 Conning, Inc. This research publication is copyrighted with all rights reserved. No part of this research publication may be reproduced, transcribed, transmitted, stored in an electronic retrieval system, or translated into any 2 language in any form by any means without the prior written permission of Conning. Few Top Business Risks Covered by Insurance AON Global Risk Management Survey of Top Risks, 2015 (risks subject to traditional insurance coverage in red) 1. Damage to reputation/brand 2. Economic slowdown/slow recovery 3. Regulatory/legislative changes 4. Increasing competition 5. Failure to attract or retain top talent 6. Failure to innovate/meet customer needs 7. Business interruption* 8. Third-party liability 9. Computer crime/hacking/viruses/malicious codes** 10. Property damage *insurance can cover some property and operational losses, it cannot make up for loss of market share, reputational damages, declines in investor confidence, or a share price drop caused by an interruption **developing cyber products are providing limited coverage Source: Aon Global Risk Management Survey 2015, Prepared by Conning, Inc.
    [Show full text]
  • J}.Merican Ancestry
    J}.merican Ancestry: GIVING THE NAME AND DESCENT, IN THE MALE LINE. OF AMERICANS WHOSE ANCESTORS SETTLED IN THE UNITED STATES PREVIOUS TO THE DECLARATION OF INDEPENDENCE, A. D. 1776. By THOMAS P. HUGHES. III VOL. I. THE CIT-X OF ALBANY, STATE OF NEW YORK, 18...87. ~ Those who do not look upon themselves as a link connecting the past with the future do not ~- . '- ~ perform t~eir ~ut~~ to the world."-DANIEL WEBSTER• • • ".) ~ ~ ~J~~ :~J .. .. :l J J ~ ~ .. '" J ••• ,,,, 01 0"00". J • • _..... :l",J J ""J .. .J ':I ••••"011.1 J , ... .. ••• .. : •• : :'-.. : } ~ oJ ~ :! .. .,..e.. .. : .. ~ J J J J ••• ....J()JlI:~ A'LBANY, N. Y.: -~T 1.'S SONS, 82 STATE STREET. Copyrighted in 1887 by FRANK MUNSELL and THOMAS P. HUGHES. .' o. 0 " .. ", . e.... ..... ., . o • '. .' tie' •••• o 0 · .. ... ., :" .... :. III. "',"' '" .. .o ...o. It. " .. o 0 0 -. ,.l., • o 0 .... 00 · -:. :. ::::.:: .... : ,": :..... , 00 o 0 :.... :! :' ·.. :.. :.":'!:':: .. .. ,,:!: : . ,,: ." INTRODUCTION. ·'HERE has, for some years, been a g;owing interest in genealogical research, 1 and the literature on the subject is already very extensive, although it is, for the most part, shut up in the archives of historical libraries, and the public are ignorant of its existence. The perusal of elaborate and intricate tracings of genealogical branches is not a popular study, for it is impossible to create a very widespread interest in names the record and recollection of which have passed away in the current of time; but it is not so with the direct pedigrees of those whose living personality is part of our social or nation~l life. "Who is he?" is almost the first question put regarding an individual who happens to come into prominence or notoriety, and the absence of trustworthy information on the subject of ancestry often gives rise to very serious misappre­ hension.
    [Show full text]
  • Interview Special Reports 2019 Edition
    Q2 2019 | VOL 3 | ISS 2 SPECIAL REPORTS 2019 EDITION League Tables Insurance Investment Outsourcing Report ETFs In Insurance General Accounts S&P Dow Jones Indices Insurance Research Report INTERVIEW Eric M. Kirsch Executive Vice President & Global Chief Investment Officer; President, Aflac Global Investments Thought Leadership for the Insurance Investment Community In This Issue The Editorial.......................................................................................................2 The Special Reports Insurance Investment Outsourcing Report............................................3 Every quarter, we bring you articles League Tables - 2019 and editorials from some of the most Insurance Asset Outsourcing Exchange successful financial institutions in the industry, full of technical and educational .......................... information that matters right now in our S&P Dow Jones Indices Insurance Research Report 10 industry, without advertising clutter. ETFs In Insurance General Accounts S&P Dow Jones Indices, A Division Of S&P Global We deliver in several formats: • Hard Copy via email The Interview...................................................................................................18 • Website Access via secure firewall Guest Q&A With Eric M. Kirsch • Subscription-Based via email Executive Vice President & Global Chief Investment Officer; President • LinkedIn via followers Aflac Global Investments Print subscriptions are complementary The Short List for insurance investment professionals, and are available
    [Show full text]
  • Insurance Regulation in Connecticut
    Insurance Regulation In Connecticut Qrnuurttirut ~rnrrnl 1\ssrmbly LEGISLATIVE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE JANUARY 1988 CONNECTICUT GENERAL ASSEMBLY LEGISLATIVE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE The Legislative Program Review and Investigations Committee is a joint, bipartisan, statutory committee of the Connecticut General Assembly. It was established in 1972 as the Legislative Program Review Committee to evaluate the efficiency and effectiveness of selected state programs and to recommend i mprovements where indicated. In 1975 the General Assembly expanded the committee's function to include investigations and changed its name to the Legislative Program Review and Investigations Committee. During the 1977 session, the committee's mandate was again expanded by the Executive Reorganization Act to in­ clude "Sunset" performance reviews of nearly 100 agencies, boards, and commissions, commencing on January 1, 1979. The committee is composed of 12 members . The president pro tempore of the senate, the senate mi nority leader, the speaker of the house, and the house minority leader each appoint three of those members . 1987-88 Committee Members Senate House John Atkin, Cochairperson Robert D. Bowden, Cochairperson Richard Blumenthal Teresalee Bertinuson Judith G. Freedman Richard Foley, Jr. Kevin Johnston Anthony Palermino Fred H. Lovegrove, Jr. Lee A. Samowitz Thomas Scott William L. Wollenberg Committee Staff Michael L. Nauer, Ph.D., Director George W. McKee, Chief Analyst L. Spencer Cain, Chief Analyst Carrie E . Vibert , Staff Attorney Catherine McNeill Conlin, Senior Analyst Jill E. Jensen, Senior Analyst Anne E. McAloon, Senior Analyst Brian R. Beisel, Program Analyst Maryellen Duffy, Program Analyst M. Renee La Mark, Program Analyst Warren Wood Pierce, II, Program Analyst William F.
    [Show full text]