Capital Adequacy in Insurance / Reinsurance
... and conditional forecasts of costs at the time policies are priced. Reserve risk involves possible divergence between ultimate costs and conditional forecasts of costs after claims have occurred (or are assumed to have occurred in provisions for incurred but not reported claims). In either case, ult ...
... and conditional forecasts of costs at the time policies are priced. Reserve risk involves possible divergence between ultimate costs and conditional forecasts of costs after claims have occurred (or are assumed to have occurred in provisions for incurred but not reported claims). In either case, ult ...
Co-operative Capital - Saint Mary`s University
... exclusion of any social or other considerations. This, not surprisingly results in an amoral attitude to business. For example, when asked about the havoc his currency speculation caused to Far Eastern economies in the crash of 1997, George Soros replied, “As a market participant, I don’t need to be ...
... exclusion of any social or other considerations. This, not surprisingly results in an amoral attitude to business. For example, when asked about the havoc his currency speculation caused to Far Eastern economies in the crash of 1997, George Soros replied, “As a market participant, I don’t need to be ...
Monetary Policy Statement March 2016
... OCR unchanged at 2.5 percent. In doing so, we noted that some further easing may be needed for inflation to settle near the middle of the 1 to 3 percent medium-term target range. Our commentary in recent months has noted that the balance of risks is skewed to the downside. Two of the key risks noted ...
... OCR unchanged at 2.5 percent. In doing so, we noted that some further easing may be needed for inflation to settle near the middle of the 1 to 3 percent medium-term target range. Our commentary in recent months has noted that the balance of risks is skewed to the downside. Two of the key risks noted ...
Asian Investment Grade USD Bonds an Under Appreciated Asset
... Source: Barclays, MSCI, IBOX and S&P Index data. Returns and volatility measured from October 2009 to May 2015. Past performance not indicative of future results. ...
... Source: Barclays, MSCI, IBOX and S&P Index data. Returns and volatility measured from October 2009 to May 2015. Past performance not indicative of future results. ...
united states securities and exchange commission - corporate
... wholly-owned subsidiaries or partially-owned joint ventures, organized into six primary reporting segments: Powertrain Energy, Powertrain Sealing and Bearings, Vehicle Safety and Protection, Automotive Products, Global Aftermarket, and Corporate. Federal-Mogul offers its customers a diverse array of ...
... wholly-owned subsidiaries or partially-owned joint ventures, organized into six primary reporting segments: Powertrain Energy, Powertrain Sealing and Bearings, Vehicle Safety and Protection, Automotive Products, Global Aftermarket, and Corporate. Federal-Mogul offers its customers a diverse array of ...
New Investment Portfolios
... Cap Value Portfolio which seeks to achieve long-term capital appreciation. The portfolio seeks to capture the returns and diversification benefits of a broad crosssection of US value companies with market capitalizations within the largest 90% of the market universe. T. Rowe Price Large-Cap Growth 5 ...
... Cap Value Portfolio which seeks to achieve long-term capital appreciation. The portfolio seeks to capture the returns and diversification benefits of a broad crosssection of US value companies with market capitalizations within the largest 90% of the market universe. T. Rowe Price Large-Cap Growth 5 ...
Eyeopener – NBP projection and data abroad
... debt markets there were no significant changes despite weakening of the stock markets and amid mixed tone of the US data. At the end of the day yields of 10Y Treasuries and Bunds were at 3.11% and 3.647%, respectively, against 3.10% and 3.66% at the opening. In the interim forecasts for the 7 bigges ...
... debt markets there were no significant changes despite weakening of the stock markets and amid mixed tone of the US data. At the end of the day yields of 10Y Treasuries and Bunds were at 3.11% and 3.647%, respectively, against 3.10% and 3.66% at the opening. In the interim forecasts for the 7 bigges ...
Unburnable Carbon - Carbon Tracker Initiative
... and those that are assets licensed to the private sector (International Oil Companies – IOCs). A number of state enterprises, particularly in the BRICS economies, are raising finance internationally via capital markets, in order to develop their coal and oil reserves. This trend is leading to a stea ...
... and those that are assets licensed to the private sector (International Oil Companies – IOCs). A number of state enterprises, particularly in the BRICS economies, are raising finance internationally via capital markets, in order to develop their coal and oil reserves. This trend is leading to a stea ...
Market Matters EUR and USD Credit Spreads
... Passive capital investments have been a core competence of UBS Global Asset Management for over 30 years. This business segment, which includes UBS ETFs, has assets under management of CHF 230 billion (March 2015). Assets under management in UBS ETFs total approx. CHF 25 billion (May 2014). UBS is o ...
... Passive capital investments have been a core competence of UBS Global Asset Management for over 30 years. This business segment, which includes UBS ETFs, has assets under management of CHF 230 billion (March 2015). Assets under management in UBS ETFs total approx. CHF 25 billion (May 2014). UBS is o ...
The State of Public Finances: Outlook and Medium-Term Policies
... Direct fiscal support is being provided to the financial sector. Fiscal revenues are declining through the operation of automatic stabilizers and due to lower asset and commodity prices. Many countries are undertaking discretionary fiscal stimulus. The consequent fiscal deterioration is particularly ...
... Direct fiscal support is being provided to the financial sector. Fiscal revenues are declining through the operation of automatic stabilizers and due to lower asset and commodity prices. Many countries are undertaking discretionary fiscal stimulus. The consequent fiscal deterioration is particularly ...
The Value of Fiat Money with an Outside Bank
... “cash consuming” and for any finite length of trade and any positive rate of interest this will be true.9 3. BASIC THEORY Consider an economy with two types of traders, who can trade two goods for money. One type of trader has an endowment of (a, 0, m)10 and the other has (0, a, m), where a, m > 0. ...
... “cash consuming” and for any finite length of trade and any positive rate of interest this will be true.9 3. BASIC THEORY Consider an economy with two types of traders, who can trade two goods for money. One type of trader has an endowment of (a, 0, m)10 and the other has (0, a, m), where a, m > 0. ...
Putting Macroprudential Policy to Work
... In the short run, there can be a negative impact on growth, as banks seek to deleverage to comply with higher capital requirements. This can be mitigated by demanding capital increases in absolute (nominal) terms. In the long run, however, historical evidence indicates no significant negative relati ...
... In the short run, there can be a negative impact on growth, as banks seek to deleverage to comply with higher capital requirements. This can be mitigated by demanding capital increases in absolute (nominal) terms. In the long run, however, historical evidence indicates no significant negative relati ...
The EFFECTS of THE IAS/IFRS ADOPTION in EUROPE on the
... may, on the contrary, lead investors to reduce their expectations regarding future returns or to increase their assessment of risk. As a result, cost of capital may be higher than it would have been, had more information not been provided. The purpose of this paper is to give empirical contribution ...
... may, on the contrary, lead investors to reduce their expectations regarding future returns or to increase their assessment of risk. As a result, cost of capital may be higher than it would have been, had more information not been provided. The purpose of this paper is to give empirical contribution ...
makerere university firm characteristics, foreign exchange risk
... encouragement, time and patience accorded to me where I most needed. I am indebted to the entire management of the Makerere University Business School especially the graduate research centre for the hospitality and friendship, never tiring to offer a hand. I am also grateful to my friends for always ...
... encouragement, time and patience accorded to me where I most needed. I am indebted to the entire management of the Makerere University Business School especially the graduate research centre for the hospitality and friendship, never tiring to offer a hand. I am also grateful to my friends for always ...
GENERAL ELECTRIC CO (Form: 10-K405, Received: 03
... The "Company" (General Electric Company and consolidated affiliates) is one of the largest and most diversified industrial corporations in the world. From the time of General Electric's incorporation in 1892, the Company has engaged in developing, manufacturing and marketing a wide variety of produc ...
... The "Company" (General Electric Company and consolidated affiliates) is one of the largest and most diversified industrial corporations in the world. From the time of General Electric's incorporation in 1892, the Company has engaged in developing, manufacturing and marketing a wide variety of produc ...
A Primer on Bank Capital
... Most intangible assets at banks derive from the difference between the amount the bank paid in the past for another bank and the book value of the acquired bank’s assets at the time of the purchase. The presumption is that the sales price represents the fair value of the bank, since it was arrived ...
... Most intangible assets at banks derive from the difference between the amount the bank paid in the past for another bank and the book value of the acquired bank’s assets at the time of the purchase. The presumption is that the sales price represents the fair value of the bank, since it was arrived ...
Filling the void left by bank closures and fighting the scourge of high
... The current tax regime in force in Northern Ireland does not recognise the unique contribution being made by credit unions in supporting growth in Northern Ireland and in promoting financial inclusion. Credit union members' savings are often invested in their own communities. Many members are non-ta ...
... The current tax regime in force in Northern Ireland does not recognise the unique contribution being made by credit unions in supporting growth in Northern Ireland and in promoting financial inclusion. Credit union members' savings are often invested in their own communities. Many members are non-ta ...
criminal asset recovery in the eu - Europol
... Recent reports have assessed the availability of data on the number of recovered assets across Europe. Project OCP conducted a survey among European national agencies involved in recovering frozen/seized/confiscated assets.21The aim of their survey was to identify which EU countries collect data on ...
... Recent reports have assessed the availability of data on the number of recovered assets across Europe. Project OCP conducted a survey among European national agencies involved in recovering frozen/seized/confiscated assets.21The aim of their survey was to identify which EU countries collect data on ...
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... other areas of …nance in recent times that a comprehensive survey of the …eld is beyond the scope of this e¤ort. In order to keep the task of this survey paper more tractable and to keep it within a reasonable number of pages of this journal, it is imperative that one rely on extant surveys and text ...
... other areas of …nance in recent times that a comprehensive survey of the …eld is beyond the scope of this e¤ort. In order to keep the task of this survey paper more tractable and to keep it within a reasonable number of pages of this journal, it is imperative that one rely on extant surveys and text ...
Subjective Measures of Risk Aversion, Fixed Costs, and
... individuals with respect to their risk aversion without having to assume a particular functional form for the utility function. In the Barsky et al. (1997) experiment, questions are posed to all respondents in the Health and Retirement Study, consisting of individuals aged over 50. Arrondel and Cal ...
... individuals with respect to their risk aversion without having to assume a particular functional form for the utility function. In the Barsky et al. (1997) experiment, questions are posed to all respondents in the Health and Retirement Study, consisting of individuals aged over 50. Arrondel and Cal ...
Financialization
Financialization is a term sometimes used in discussions of the financial capitalism that has developed over the decades between 1980 and 2010, in which financial leverage tended to override capital (equity), and financial markets tended to dominate over the traditional industrial economy and agricultural economics.Financialization describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible or intangible, future or present promises, etc.) into a financial instrument. The intent of financialization is to be able to reduce any work product or service to an exchangeable financial instrument, like currency, and thus make it easier for people to trade these financial instruments.Workers, through a financial instrument such as a mortgage, may trade their promise of future work or wages for a home. The financialization of risk sharing is what makes possible all insurance. The financialization of a government's promises (e.g., US government bonds) is what makes possible all government deficit spending. Financialization also makes economic rents possible.