In the context of futures contracts, it is a small adjustment that has to be made to the formula used...
A type of transformation that is performed by banks and other depositary institutions whereby small deposits by different types of depositors are...
A type of transformation that is performed by banks and other depositary institutions whereby the risks associated with deposits and loans...
The risk that arises from the “unfavorable” change in bond values (or values of credit derivatives such as credit default swaps) in response to changes...
According to international accounting standards, this refers to the risk-adjusted present value of an insurer's rights on and obligations to...
It stands for fulfillment cash flows; according to international accounting standards, this refers to the risk-adjusted present value of an...
An insurance contract is deemed to be onerous (loss-laden or loss-making) at initial recognition when the net cash flows associated...
A contract under which an insurance provider (the issuer/ insurance company) accepts significant insurance risks from, and to the benefit...
The risk that cannot be covered by an insurance contract due to efficiency reasons. Insurance firms usually don't offer to...
The risk that cannot be covered by an insurance contract due to efficiency reasons. Insurance firms usually don't offer to...