An insurance policy that covers only one specific type of risk (insurance risk). Examples of a stand-alone policy include life...
An entity that specializes in providing insurance (credit protection) against the notional (principal) and interest cash flows that fall due...
An entity that specializes in providing insurance (credit protection) against the notional (principal) and interest cash flows that fall due...
A provision that is created and held against impairments in the performing portfolio (of loans and credits) that have been...
An event or occurrence that gives rise to impairment of an asset or a collection of assets (e.g., financial assets)....
It stands for downturn loss given default; a measure of loss given default (LGD) that captures the worst level reached...
Losses that reflect the expected or potential credit losses that may arise as to an entity's financial assets due to...
A provision that is created for impairment losses arising from loans, receivables, and similar types of extended credit. Impairment losses...
A measure of downturn loss given default (downturn LGD) that accounts for regulatory capital requirements for banks in order to...
A measure of loss given default (LGD) that captures the worst level reached in the economic cycle (the trough). Downturn...