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Reinsurance has an important role as it fulfills the following functions: offers capacity, creates stability … individual demanges which appear in a period of time or as a result of unexpected demange, very big. Reinsurance decries this …
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Bank failure is the result of a defective management in banking leading the bank to a stage of bankruptcy, which means that the insolvent bank is going to be closed by the banking authority. In general, the banking sector is viewed as more vulnerable to contagion than other industries since...
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