Showing 1 - 10 of 210
Our study analyses the extent of integration of the EU market for life and non-life insurance. The main integration … even less advanced for life than for non-life insurance and that mergers and acquisitions are the dominant strategy to … access a foreign market. Besides summarising the liberalisation history of the European insurance sector and discussing …
Persistent link: https://www.econbiz.de/10013136591
and to partially answer to the basic questions of insurance. The question is “To insure or not”. The goal of this paper is … to reveal pure mathematical aspects of insurance processes and to analyze these aspects by pure mathematical methods …
Persistent link: https://www.econbiz.de/10009369617
Risk management is of vital importance in Islam and Takāful provides a way to manage risks in business according to Sharī’ah principles. This research paper attempts to identify various types of risks involved in Takāful business that affect operational and investment functions of Takāful...
Persistent link: https://www.econbiz.de/10011261182
bank loans to solvent but liquidity strained banks and federal deposit insurance, was developed in the early 1900s to … allowable services would be securities underwriting, merger and acquisition advice, trust, and wealth and asset management … short-term or near-demandable debt to fund longer-term assets. In other words, shadow banks essentially perform the same …
Persistent link: https://www.econbiz.de/10011259288
The present paper reviews the causes that led to the financial crisis. Unlike other interpretations, this paper does not place main significance on a single source or on a set of causes. I consider all major standpoints highlighted by research and media prior, during and after the financial...
Persistent link: https://www.econbiz.de/10009294924
How big do banks need to be to gain all the economies of scale? The largest Canadian banks already achieve scale economies and further increases in size can make them "too big to fail." Available evidence indicates normal monopoly risks will be passed on to Canadian firms and consumers if the...
Persistent link: https://www.econbiz.de/10008596388
This paper measures that the Bank of Japan adopted the too-big-to-fail doctrine against the panic of 1927. The results at this paper imply that supported banks had higher closure risk or occupied key positions in the local loan-markets. And this paper finds that the Bank of Japan bailed out...
Persistent link: https://www.econbiz.de/10005790115
Abstract The financial market is a subset of assets market. Its efficiency is very important for economic development …. Why? The answer lies in the absence of adequate institution in the assets market, namely the lack of investors and society … from favoritism in the banking system, independent institution for the valuation of the assets market. …
Persistent link: https://www.econbiz.de/10011259595
work examines the state of autonomy in financial matters namely, the management of owned assets and the management of owned … 3.09 times more likely than their female counterparts to participate in the management of owned assets. Older adults who …
Persistent link: https://www.econbiz.de/10009325646
Indeed, the specification of equilibrium in the world economy depends on the exchange rate regime and thus, the early contributions to the postwar literature on exchange rate economics are to a large extent concerened with the role of speculation in foreign exchange markets. However, the world...
Persistent link: https://www.econbiz.de/10005619306