The Theory and Practice of Insurance Sovereign Catastrophe Risk Financing Limitations of Traditional Insurance and the Potential of Alternative Risk Transfer Solutions Supervised by: Prof. Christopher L. Culp Authors: Martin Reinhard ID- No: 05-723-648 martinreinhard@gmx.ch Aicha Khuder ID- No: 11-106-937 aicha_khuder@yahoo.de Susanna Kullenberg ID- No: 11-111-499 susanna.kullenberg@gmail.com Bern‚ February 27th 2012 Table of Content Abstract ...................................
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Strategies for Resuscitating Foreign Exchange Market in a Depressed Economy (A Case Study in Nigeria) By Ijaiya Tahir Adeniyi B.sc (Hons) Econs From Lagos State University‚ Ojo‚ Lagos State‚ Nigeria CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Exchange rate arrangements in Nigeria have undergone significant changes over the past four decades (Alaba‚ 2003). It shifted from a fixed regime in the 1960s to a pegged arrangement between the 1970s and the mid-1980s‚ and finally‚ to the
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The Columbian Exchange altered the political and economic of Indians negatively and successfully through the population decrease‚ alliances with Europeans‚ and wars with Europeans. The population of Indians in the New World greatly altered the political and economic society there. After 1492‚ 90% of all Indians had died due to disease from the Europeans‚ greatly weakening the power and supremacy of certain Indian tribes. Tribes like the Inca‚ Maya‚ and Aztec were all some of the strongest tribes
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Business Studies Revision Unit 1- Planning and financing a Business Section 1- Starting a Business Topic 1- Choosing the right legal Structure All Businesses fall under either the private sector or the public sector Within the private sector this would include sole trader and a partnership Within the public sector this would include PLC and LTD Private Sector Sole Trader This is a business run by a business owner (entrepreneur) Sole trader business is unincorporated (business and owner
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Financing Working Capital The financing of working capital is of utmost important. What portion of current assets should be financed by current liabilities? What portion should be financed by long-term resources? Decisions on these questions will determine the financing mix. Approaches to financing mix: There are 3 basic approaches to determine an appropriate financing mix. They are a. Hedging or Matching approach. b. Conservative approach. c. Trade-off between the above two
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ASPECTS OF CONTRACT AND NEGLIGENCE OF BUSINESS Task: 1.1: Explain the importance of the essential elements required for the information of a valid contract? Offer A valid offer identifies the bargained-for exchange between the parties and creates a power of acceptance in the party to whom the offer is made. The communication by one party known as the offeror to the another party called the offeree b) Acceptance To constitute a contract‚ there must be an acceptance of the offer
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EXCHANGE CONTROLS Definition * A complete or partial regulation by the government covering payments from one monetary area into all others and/or the disposition of foreign exchange receipts and incomes of residents of the monetary area concerned. * As a form of government control it subjects all international transactions of the country to licensing‚ that is‚ both the visible and invisible terms‚ which necessarily includes such items as commodity imports‚ interest‚ and dividend payments
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The factors which affect student achievements in the exchange program are threefold. Student’s personality‚ communication skills and financial back up do influence their achievements. First‚ the personality of the students plays the most important role. In order to study and live abroad‚ students should be independent‚ friendly and are good team players. Besides taking care of themselves well‚ they should have good self-discipline to behave properly and achieve satisfactory academic results. Having
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Running head: Financing Option Paper Financing Option Paper Introduction This paper discusses various methods available to organizations when seeking financing for special projects‚ namely a Casino / Resort hotel complex with a projected budget of $600M. The various methods described include the analysis of capital valuations modeling with respect to the cost of various debt and equity measurements available. Long-term finance alternatives are presented‚ as are the different
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Existing Services at JBL Jubilee Road Branch 11-12 Chapter: 3 Foreign Exchange Department 13-20 3.1 Introduction 13 3.2 Importance of Foreign Exchange in Economy 13 3.3 Foreign Exchange Regulations Followed by JBL 14 3.4 Foreign Exchange Department at JBL Jubilee Road Branch 14 3.5 Letter of Credit (L/C) 15 3.6 Types of L/C 15-16 3.7 Parties involved in L/C Operation 16-17 3.8 Foreign Accounts of a Bank 17-18 3.9 Documents used in L/C Operation 18-19
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