Managing Assets and Liabilities: Strategies for Insurance Companies October 2008 Financial Services Commission of Jamaica Insurance Seminar - October 30‚ 2008 Michael Hafeman‚ FSA‚ FCIA‚ MAAA Context for Asset-Liability Management Risks and Risk Tolerance Risk Measurement ALM Techniques Organizational Issues Supervisory Objectives Managing Assets and Liabilities: Strategies for Insurance Companies 2 What is it and why is it used? Managing Assets and Liabilities: Strategies for
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predominantly sell hamburgers‚ various types of chicken sandwiches and products‚ French fries‚ soft drinks‚ breakfast items‚ and desserts. In most markets‚ McDonald’s offers salads and vegetarian items‚ wraps and other localized fare. The product liability lawsuit that I will discuss is Liebeck v. McDonald’s Restaurants. This case got national recognition and became a flash point in the debate in the U.S. over tort reform after a jury awarded $2.9 million to Stella Liebeck. In February 1992‚ Seventy-nine-year-old
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Product Liability: Product liability is the area of law in which manufacturers‚ distributors‚ suppliers‚ retailers‚ and others who make products available to the public are held responsible for the injuries those products cause. The claims that most commonly associated with prodcut liability is negligence‚ strict liablity‚ breach of warranty‚ and various other consumer claims. Each type of product liability claim requires different elements to be proven to present a successful claim. A products
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strict liability for some criminal offences? Strict liability offences are offences which do not require proof of mens rea. This means that the prosecution only needs to prove that the defendant voluntarily committed a forbidden act without considering if the defendant had the intention. Strict liability is contained in statutes or statutory instruments‚ and occasionally found in common law. Common law offences of strict liability include criminal libel and blasphemous libel. Also liability is rarely
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The Exclusionary Rule and Civil Liability Mark McCormick Kaplan University CJ-299 Professor Donna Yohman August 30‚ 2014 In 1914‚ Weeks v. United States was decided by the Supreme Court. In Weeks‚ the Court made a landmark decision relating to illegal search and seizure by law enforcement called the Exclusionary Rule. The Exclusionary Rule provided that evidence “illegally seized by law enforcement officers in violation of a suspect’s right to be free from unreasonable
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Topic: Liability of Promoters During Pre-incorporation contracts Table of Contents Introduction 3 Research Methodology 6 Research Questions 7 Chapter 1: Promoters and Pre-incorporation Contracts 8 Chapter 2: Fiduciary duty of the promoter 11 Chapter 3: Breach of the pre-incorporation contract and the Liability of Promoters 13 Conclusion 19 Bibliography 20 Introduction A company is an entity which is recognized and created by the law. It can only contract when the law deems it to come into
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php?ref=MjBfMDVfMDRfMTNfMV8yN18xNjgzMjU= Of disasters‚ negligence and liability: Nimtoli tragedy revisited Published : Saturday‚ 04 May 2013 In case of fire in garment factories and accidents in unauthorized buildings‚ the regulators like the Fire Service or Rajuk come up with arguments that the factories or buildings do not have licence or permission‚ But they cannot avoid the ‘tortfeasor liability’‚ writes M S Siddiqui The economy of Bangladesh has been growing‚ on an
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ERM and Product Liability Tort LAW 531/Business Law ERM and Product Liability Tort The product liability video scenario presents a dispute between Quick Takes Video and Non-Linear Pro. Non-Linear Pro leased a video editing system to Quick Takes Video. It is the opinion of Quick Takes Video that the editing system is not performing as promised. Since it appears that Non-Linear Pro has misrepresented the quality of the product‚ Quick Takes Video can bring a lawsuit to Non-Linear Pro for breach
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After reading Civil Liability for Acts of Off-Duty Officers‚ I’ve come to the realization that there are many possibilities and outcomes dependent upon the situations off-duty officers put themselves into. When off-duty officers act upon situations that they would normally face when on duty‚ they are fully liable for the decisions they make. In this specific event‚ as an off-duty officer‚ I witnessed a man and a woman arguing where the man then pushed the woman‚ and I‚ the officer decided to intervene
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Print Fax TEXAS LIABILITY INSURANCE CARD Policy Number: 44054747 ROCIO L ROMERO 9230 LINDA VISTA RD HOUSTON‚ TX 77078-4022 Year Make 2003 HYUNDAI ***** ************ ***** ************ 09/05/2014 Expiration Date: 02/11/2015 NAIC Number: 24392 Effective Date: Model VIN ACCENT 2D GL ****************** ****************** FARMERS TEXAS COUNTY MUTUAL INSURANCE COMPANY KMHCG35C73U241737 ******************** ******************** 1-800-225-0011 This policy provides at least the minimum amounts
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