The Financial, Insurance & Investment Blog

1. Sir Andre Geim and Sir Konstantin Novoselov, isolated and characterised graphene in 2004 with remarkable properties – strong, light, almo...

1. the most important elements of the price,is the expected claims cost and the demand for the product. 2. There are other considerations,...

DEVELOPING OPTIMAL PRICING STRUCTURES 1. There are four basic components of estimating the premium to be charged; firstly the risk premium,...

1. A dynamic pricing system can be built for personal lines business, whereby profit loads and risk premiums can be tailored to the individu...

1. Exploring the essential components of the national flagship I4.0 policies of Spain, UK, France, Italy, Germany, the Czech Republic, Swede...

1. China is the world’s second-largest economy. From 2000 to 2015, China has grown from 3.6% of global GDP to 14.9%, while the United States...

1. China now appears to be changing from an adapter to a driver of globalisation. In effect, the next China is upping the ante on its connec...

1. FCA launched a investigation in FGS McClure Watters (FGS) and Lanyon Astor Buller Ltd (LAB) and subsequently fined  Watters    £75,000 fo...

1. Many countries in the region are using the RBC (Risk Based Capital) approach to determine the capital requirements. 2. The PRAD shal...

1. The capital adequacy ratio promotes stability and efficiency of worldwide financial systems and banks. The capital to risk-weighted asset...

1. Non-tariff measures that can potentially affect trade in goods present the multilateral trading system with a basic policy challenge – ho...

1. Derivatives are Financial transaction whose value depends on the underlying value of the reference asset concerned. 2. A contract that ...

1. If you construct a value fund with small stocks that kicks out initial public offerings, bankruptcies and small companies that aren’t pro...

 As the automotive industry grapples with the fundamental changes in their business models. One thing remains constant: they will need to bu...

1. A stochastic risk margin will be based on a stochastic model capable of predicting the probability distribution of the total outstanding ...

1. Excess or shock claims, especially their timing, number and amount, are  examples of real world disruptions to a health actuary’s IBNR ca...

There are five basic types of approaches to calculate claim reserves. These types are: (i) Tabular methods (ii) Case reserve methods (i...

1. The term risk margin is commonly used in the observation that stating the loss reserve at nominal (rather than discounted) values provide...

1. In 2013, the industry put 78 million tonnes of plastic packaging on the market, with a total value of $260 billion.Plastic packaging vol...

1. The job of an inverter is to invert – it takes DC (Direct Current) and converts it into AC (Alternating Current) so that it can  run on e...