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RELATIONSHIP BETWEEN MACROECONOMIC VARIABLES AND
... measures of companies in Insurance industry used was the Return on Assets (ROA) which was regressed against the macroeconomic variables including real exchange rate (USD/Ksh), GDP growth rate, the change in money supply (M3), average annual lending interest rates as computed by CBK and inflation rat ...
... measures of companies in Insurance industry used was the Return on Assets (ROA) which was regressed against the macroeconomic variables including real exchange rate (USD/Ksh), GDP growth rate, the change in money supply (M3), average annual lending interest rates as computed by CBK and inflation rat ...
Securities Trading Policy
... Managing Director or the Company Secretary before trading in any securities which may be affected by this Policy or the law. ...
... Managing Director or the Company Secretary before trading in any securities which may be affected by this Policy or the law. ...
Insurance market report 2015
... apply to the cover ratio called for a target amount that on average was seven percent above the legal threshold by the end of 2015. This comes to CHF 20 billion in the case of a target threshold for insurance obligations of CHF 283 billion. The level of security afforded through the institutionalise ...
... apply to the cover ratio called for a target amount that on average was seven percent above the legal threshold by the end of 2015. This comes to CHF 20 billion in the case of a target threshold for insurance obligations of CHF 283 billion. The level of security afforded through the institutionalise ...
1) When those most likely to produce the outcome insured against
... refuse to grant policies to people living in New York City and Los Angeles. require potential policyholders to submit medical records, and may refuse to sell policies to people with AIDS. will do both (a) and (b) of the above. will do neither (a) nor (b) of the above. Question Status: Previous Editi ...
... refuse to grant policies to people living in New York City and Los Angeles. require potential policyholders to submit medical records, and may refuse to sell policies to people with AIDS. will do both (a) and (b) of the above. will do neither (a) nor (b) of the above. Question Status: Previous Editi ...
chapter - ii life insurance - basics and global trends
... measure of the actual future earnings or values of services of an individual – that is, the capitalized value of an individual’s future net earnings after subtracting self maintenance cost such as food, clothing and shelter. From the standpoints of one’s dependen ...
... measure of the actual future earnings or values of services of an individual – that is, the capitalized value of an individual’s future net earnings after subtracting self maintenance cost such as food, clothing and shelter. From the standpoints of one’s dependen ...
Deflation - Royal Bank of Scotland Group websites
... instruments or related derivatives (“Securities”). It should not be reproduced or disclosed to any other person, without our prior consent. This material is not intended for distribution in any jurisdiction in which its distribution would be prohibited. Whilst this information is believed to be reli ...
... instruments or related derivatives (“Securities”). It should not be reproduced or disclosed to any other person, without our prior consent. This material is not intended for distribution in any jurisdiction in which its distribution would be prohibited. Whilst this information is believed to be reli ...
Insuring climate catastrophes in Florida: an analysis of insurance pricing and capacity under various scenarios of climate change and adaptation measures: Working Paper 50 (787 kB) (opens in new window)
... augmented by $1 trillion. These figures only reflect the insured portion of the total exposure. Such huge concentrations of value in highly exposed areas indicates that any very strong hurricane that hits these regions is likely to inflict hundreds of billion dollars of economic losses. Cost-effecti ...
... augmented by $1 trillion. These figures only reflect the insured portion of the total exposure. Such huge concentrations of value in highly exposed areas indicates that any very strong hurricane that hits these regions is likely to inflict hundreds of billion dollars of economic losses. Cost-effecti ...
The Changing Landscape of the Financial Services
... national banks’ insurance sales and underwriting. That year, the OCC argued that a previously overlooked section of the 1917 National Bank Act (Section 92) allowed a national bank to sell insurance anywhere under the condition that one of its branches be located in a town with less than 5,000 people ...
... national banks’ insurance sales and underwriting. That year, the OCC argued that a previously overlooked section of the 1917 National Bank Act (Section 92) allowed a national bank to sell insurance anywhere under the condition that one of its branches be located in a town with less than 5,000 people ...
FIXING A BROKEN NATIONAL FLOOD INSURANCE PROGRAM
... to damage totals. However, Katrina’s damages were far in excess of most large flood events since flood waters did not recede following the event, saturating homes and multiplying damages. Due to these unusual circumstances and the rarity of a Katrina-type storm, losses were weighted at the hundred-y ...
... to damage totals. However, Katrina’s damages were far in excess of most large flood events since flood waters did not recede following the event, saturating homes and multiplying damages. Due to these unusual circumstances and the rarity of a Katrina-type storm, losses were weighted at the hundred-y ...
Payment and Settlement Systems – Changing Global Dynamics
... Maximising the reuse of investments for market participants There were a number of initiatives in Europe related to ISO 20022 already before TARGET2 approved its migration strategy: ...
... Maximising the reuse of investments for market participants There were a number of initiatives in Europe related to ISO 20022 already before TARGET2 approved its migration strategy: ...
RetireOneTM Transamerica II Eligible Strategies
... guarantee is based remains with the investor and can be accessed at any time, but withdrawals in excess of those permitted under the certificate terms will diminish or eliminate future guarantees. If the investor’s covered asset value is depleted to zero by other than excess withdrawals, Transameric ...
... guarantee is based remains with the investor and can be accessed at any time, but withdrawals in excess of those permitted under the certificate terms will diminish or eliminate future guarantees. If the investor’s covered asset value is depleted to zero by other than excess withdrawals, Transameric ...
MIMIC: A Proposal for Deposit Insurance Reform - Berkeley-Haas
... compensate the FDIC fully for the extra risks that riskier banks impose on the FDIC fund. An actuarially fair premium would likely be a significant multiple of the current premiums. This under-pricing of risks subsidizes some banks’ risk-taking, and their resulting profits, at the expense of less r ...
... compensate the FDIC fully for the extra risks that riskier banks impose on the FDIC fund. An actuarially fair premium would likely be a significant multiple of the current premiums. This under-pricing of risks subsidizes some banks’ risk-taking, and their resulting profits, at the expense of less r ...
Fedspeak: Does It Matter How Central Bankers Explain Themselves?
... case, the future path of the funds rate expected by market participants is crucial. For if the Fed tries to shift longer-term bond yields through purchases of such bonds, in a way that is not consistent with the valuations implied by market expectations of the future path of short-term interest rate ...
... case, the future path of the funds rate expected by market participants is crucial. For if the Fed tries to shift longer-term bond yields through purchases of such bonds, in a way that is not consistent with the valuations implied by market expectations of the future path of short-term interest rate ...
REAL ESTATE SETTLEMENT PROCEDURES ACT (RESPA) T E
... No person shall give and no person shall accept any fee, kickback or other thing of value pursuant to any agreement or understanding, oral or otherwise, the business incident to or part of a real estate settlement service involving a federally related mortgage loan shall be offered to any person. 1 ...
... No person shall give and no person shall accept any fee, kickback or other thing of value pursuant to any agreement or understanding, oral or otherwise, the business incident to or part of a real estate settlement service involving a federally related mortgage loan shall be offered to any person. 1 ...
the impact of load shedding on insurance
... 11.3 General extension: Loss of or damage to the contents of fridges and freezers Cover is provided against the accidental spoilage of the contents of fridges and freezers, but with the exclusion of spoilage due to any authority intentionally cutting off the power supply. Instances where the interru ...
... 11.3 General extension: Loss of or damage to the contents of fridges and freezers Cover is provided against the accidental spoilage of the contents of fridges and freezers, but with the exclusion of spoilage due to any authority intentionally cutting off the power supply. Instances where the interru ...
Taisei Fire and Marine Insurance Co.
... products to offset significant portions to other reinsurers. However, it was increasingly relying on finite reinsurance2, and from early 2000, relied solely on this form of reinsurance for its risk limitation. It also transpired that 25% of the pool’s business had been ...
... products to offset significant portions to other reinsurers. However, it was increasingly relying on finite reinsurance2, and from early 2000, relied solely on this form of reinsurance for its risk limitation. It also transpired that 25% of the pool’s business had been ...
INVESTMENT PORTFOLIO OPTIMIZATION BY
... clusion in the portfolio increases systematic risk and exposure to market variations (Prigent, 2007, p. 118). Beta coefficient is used for the valuation of the securities to be added to the portfolio, because this coefficient measures the additional risk caused by the inclusion of new security in th ...
... clusion in the portfolio increases systematic risk and exposure to market variations (Prigent, 2007, p. 118). Beta coefficient is used for the valuation of the securities to be added to the portfolio, because this coefficient measures the additional risk caused by the inclusion of new security in th ...
the relationship between insurance industry and banking sector in
... As Clive W.J. Granger noted in a speech after he won the 2003 Nobel Prize in economics, the Granger causality test still had many limitations. For instance, in previously published papers on causality it is usually assumed that the impact of a positive shock is the same as the impact of a negative s ...
... As Clive W.J. Granger noted in a speech after he won the 2003 Nobel Prize in economics, the Granger causality test still had many limitations. For instance, in previously published papers on causality it is usually assumed that the impact of a positive shock is the same as the impact of a negative s ...
NBER WORKING PAPER SERIES HEALTH INSURANCE REFORM: Gary D. Hansen
... individuals qualify for social welfare under this system. If adjusted community rating is permitted that allows insurance premiums to depend on age, this problem largely disappears. It is worth noting that the mandate required by the Affordable Care Act requires adjusted community rating that is som ...
... individuals qualify for social welfare under this system. If adjusted community rating is permitted that allows insurance premiums to depend on age, this problem largely disappears. It is worth noting that the mandate required by the Affordable Care Act requires adjusted community rating that is som ...
Press release
... BI remains the top peril in the Allianz Risk Barometer for the fourth year in succession with 38% of responses. Indeed BI losses for businesses are increasing, typically accounting for a much higher proportion of the overall loss than a decade ago and often substantially exceeding the direct propert ...
... BI remains the top peril in the Allianz Risk Barometer for the fourth year in succession with 38% of responses. Indeed BI losses for businesses are increasing, typically accounting for a much higher proportion of the overall loss than a decade ago and often substantially exceeding the direct propert ...
Why a Dual Mandate is Right for Monetary Policy
... famous phrase, there are few ‘inflation nutters’ (King 1997). What, then, are the relative merits of an explicit dual mandate versus such a more implicit approach? Pure inflation targeting regimes, in which the central bank specifies a numerical target for the increase of some chosen price index and ...
... famous phrase, there are few ‘inflation nutters’ (King 1997). What, then, are the relative merits of an explicit dual mandate versus such a more implicit approach? Pure inflation targeting regimes, in which the central bank specifies a numerical target for the increase of some chosen price index and ...
Alternative Risk Transfer, The Convergence of the Insurance and
... to have emerged as the apparent “pot of gold.” In their infancy, insurance-linked securities were simple fixed-income structures that allowed insurers to manage catastrophic risks. As ILS have evolved, they have become more complex and are emerging as a dynamic new asset class with great appeal to a ...
... to have emerged as the apparent “pot of gold.” In their infancy, insurance-linked securities were simple fixed-income structures that allowed insurers to manage catastrophic risks. As ILS have evolved, they have become more complex and are emerging as a dynamic new asset class with great appeal to a ...
INTERNATIONAL TRADE IN SERVICES Concepts 2
... estimated from total nonlife insurance output by multiplying the gross premiums earned from nonresidents by the ratio of service charge to gross premiums earned for all nonlife insurance operations. ...
... estimated from total nonlife insurance output by multiplying the gross premiums earned from nonresidents by the ratio of service charge to gross premiums earned for all nonlife insurance operations. ...
Long-Term Insurance Act: Prescribed
... underlying policy assets, the insurer must include in its liabilities a provision for the portion it expects to allocate to shareholders. Where the allocated portion will be available as a buffer in adverse situations, the provision must be the higher ot 4.3.1 the expected allocation to shareholders ...
... underlying policy assets, the insurer must include in its liabilities a provision for the portion it expects to allocate to shareholders. Where the allocated portion will be available as a buffer in adverse situations, the provision must be the higher ot 4.3.1 the expected allocation to shareholders ...
Macroprudential, Monetary and Capital Flows Management Policies
... • MOPs in ACs and global financial cycle spill over – Occurs through asset prices and quantity (capital flows) channels, more than basic models “predict” – Behavior of internationally active banks important, as they drive (gross) credit flows, leading to booms/busts ...
... • MOPs in ACs and global financial cycle spill over – Occurs through asset prices and quantity (capital flows) channels, more than basic models “predict” – Behavior of internationally active banks important, as they drive (gross) credit flows, leading to booms/busts ...