Lecture Risk management and insurance - Lecture No 19: Analysis of insurance contracts. This chapter’s objectives are to: Basic parts of an insurance contract, definition of the “insured”, endorsements and riders, deductibles, coinsurance, other-insurance provisions.
This chapter’s objectives are to: Major types of coverage, perils clause, deductibles, general average clause, sue-and-labor clause, abandonment, ocean transportation insurance, warranties in ocean marine insurance, express warranties,...
This chapter’s objectives are to: Principle of indemnity, principle of insurable interest, principle of subrogation, principle of utmost good faith, requirements of an insurance contract, distinct legal characteristics of insurance contracts, law and the insurance agent.
This chapter’s objectives are to: Identify and understand the basic parts of an insurance policy, explain the difference between named perils and open perils property insurance coverage, explain why exclusions are used in insurance contracts and identify the major types of exclusions, describe how t[r]
provides low levels of output per unit of input if operatedfor a single period, but high levels of output if operated fortwo periods. The analysis would be the same if the assetwere illiquid because of selling costs: one receives a lowreturn if unexpectedly forced[r]
Only a few 2013 models evaluated so far qualify for TOP SAFETY PICK+. Choose one of these if you are looking for a vehicle that has achieved the highest all-around safety marks.Look for vehicles that earn IIHS TOP SAFETY PICK+ or TOP SAFETY PICK at iihs.org/ratings, plus at least 4 of[r]
of 1998, the losses also are shared amongst a small group of investors and thuspose a greater risk for the fund becoming insolvent. The risk of loss is notborne only by investors in a hedge fund but also by those from whom the fundborrowed. In the case of LTCM, their faul[r]
anomalies. Behavioral finance offers it as evidence against market efficiencywhile others offer rational explanations of the anomalies.FUNDAMENTAL VERSUS TECHNICAL ANALYSISIt is important to distinguish between the type of analysis that stock an-alysts rely on when selecting stock[r]
anomalies. Behavioral finance offers it as evidence against market efficiencywhile others offer rational explanations of the anomalies.FUNDAMENTAL VERSUS TECHNICAL ANALYSISIt is important to distinguish between the type of analysis that stock an-alysts rely on when selecting stock[r]
In this chapter, the learning objectives are: Overview of private insurance in the financial services industry, types of private insurers, agents and brokers, types of marketing systems, group insurance marketing.
In this chapter, the learning objectives are: Overview of private insurance in the financial services industry, types of private insurers, agents and brokers, types of marketing systems, group insurance marketing.
The Prepaid Insurance account shows a debit balance of $2,340, representing the cost of a three-year fire insurance policy that was purchased on October 1 of the current three-year.. The[r]
This chapter’s objectives are to: Meaning of employee benefits, fundamentals of group insurance, group life insurance plans, group medical expense insurance, traditional indemnity plans, managed care plans, consumer-directed health plans, recent developments in employer-sponsored health plans,....
- A free trade zone (FTZ) or export processing zone (EPZ), also called foreign-trade zone, formerly free port is an area within which goods may be landed, handled, manufactured or reconfigured, and reexported without the intervention of the customs authorities.- The basic objectives of[r]
anomalies. Behavioral finance offers it as evidence against market efficiencywhile others offer rational explanations of the anomalies.FUNDAMENTAL VERSUS TECHNICAL ANALYSISIt is important to distinguish between the type of analysis that stock an-alysts rely on when selecting stock[r]
(Sabatier and Jenkins-Smith 1993). ese concepts have been applied to hazard mitigation (Olson 2000) and disaster recovery (Birkland 1997, 2006; Smith and Wenger 2006). Birkland has emphasized the potential for disasters to serve as “focusing events” that can elicit change or highlight the failings[r]
This chapter’s objectives are to: Income tax treatment of life insurance, life insurance contract provisions, incontestability clause, suicide clause, misstatement of age or sex, entire contract clause, cash or payment of premium,...
than bank holding companies. Banks in a holding company structure are subject to the same 20 percent aggregate investment and lending limit to affiliates, plus a 10 percent limit on loans and investments to individual affiliates. Thus, a national bank has a slightly greater ability to extend credit[r]
The examples of stylistic analysis presented earlier in strand 11 have focused on onefeature or level of language. However, there are also areas of concern in stylistic studythat involve a collection of linguistic elements forming the literary critical feature. For[r]
y of default on eitherfirm's debt. Coefficient of determination A measure of the goodness of fit of the relationship between the dependent and independent variables in a regression analysis; for instance, the percentage of variation in the return o[r]