Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
An insurance company is investigating offering kidnap and ransom insurance. Policies are to be sold to multinational companies to provide cover for certain named employees who are based in or travel to a range of countries. The cover provides protection against losses incurred by the company and its employees (or their families) in the event of an actual/attempted kidnap or hijack.
The main benefits include:
• Reimbursement of ransom. • Insurance against loss in transit of ransom. • Insurance for additional outgoings, which may arise as a result of a kidnap or hijack. • Payment of medical bills for actual injury or psychological care. • Compensation for the stress and trauma suffered by employees or their families, for example as a result of threats made. • Compensation for damage to property of the company or its employees.
(i) List the information that would be requested on the proposal form to aid in underwriting the policy.
(ii) (a) Describe the conflicts of interest that could exist between any of the insurance company, the employer and the employee.
(b) Explain how such conflicts could be reduced.
(iii) Describe how the insurer could provide assistance to its clients to help them manage or mitigate the risks covered under the policy.
Q. Show Additively of betas? it is indicated earlier that any risk unique to an individual security can be removed by diversification, however as diversification increases, the
Question 1 (a) Prepayment refers to paying principal on a security before the due date. Prepayment risk is the risk associated with the early unscheduled return of principal
Any journal or books available on this topic
1) What difference does it make to the Var calculated in Example if the exponentially weighted moving average model is used to assign weights to scenarios as described in Section 1
On September 25,2008 a portfolio worth $10 million consisting of investments in four stock indices: DJIA, FTSE 100, CAC 40 and NIKKEI 225. The value of the investment in each index
(i) Describe your notion of "marine biodiversity" with an appropriate illustration? (ii) Name the different levels at which marine biodiversity can be depicted in the marine en
The current stock price of IOU is $250 and has a standard deviation of 35% per year. The risk-free interest rate is 5% per year compounded continuously. Find the prices of a call a
Exam prep and exam papers
Determine actions to respond to outcomes of risk strategies How to improve your strategic RM Hubbard , D.W (2009) - Risk management can only be fixed by making the followi
Explain about the mechanisms of financial system for risk to be transferred. Financial systems also give mechanisms for risk to be transferred. For instance insurance contracts
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd