Beware insurance companies that are licensed in lightly regulated jurisdictions, and make sure that those that you deal with have verifiable assets and verifiable audits from major accounting firms (and call the audit partner to verify that they actually were engaged to do the audit).

FORBES: Broughton -- Rented Assets And Bogus Offshore Insurance Companies

It is weakly overseen without an independent audit and thus is able to intermediate the transformation of bad, illiquid assets into money (and near money) and then back again into valuable financial assets, all done secretly and anonymously.

FORBES: Is The Federal Reserve Using Money-Laundering Techniques To Cleanse Banks' Balance Sheets?