are required to be followed. The following approaches were followed in conducting this term paper. 1.1 Origin of the Report: The report is a partial requirement of the course Risk Management & Insurance (FIN 410). That is why our honorable instructor assigned us to do a term paper on Reliance Insurance Company Limited. The report is conducted based on the financial statement and the website of the company. This report is a reflection of what we have learned in between the course. 1.2 Objective
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EXCHANGE RATES The exchange rate is the price of one country’s currency in terms of another country’s currency Quoted exchange rates can be either direct or indirect‚ Direct: home currency per unit of foreign currency 39 Rupees per US Dollars 80 Rupees per Pound Indirect: foreign currency per unit of home currency 0.0255102 US Dollar per Indian Rupee 0.491594 Pound per Indian Rupee Appreciation of Currency Currency Appreciation means that the given currency
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7. What are the risks to the fetus if this condition is left untreated? If preeclampsia-eclampsia is left untreated‚ the fetus is at risk of: Placental deterioration and insufficiency: This would eventually cause the mother to provide a decreased and inadequate amount of nutrients to the fetus Hypoxia: Decreasing the amount of oxygen the fetus receives Intrauterine growth retardation: Affecting the growth of the fetus‚ causing abnormalities and deformities 8. What are the maternal sequelae
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Essay – Hedging Currency Risks at AIFS The American Institute for Foreign Study (AIFS) is offering cultural exchange programs for American students and High School pupils throughout the world. Their customers have the possibility to go abroad while the AIFS organises the whole trip for them. Due to their business model the revenues of the company are denominated only in USD‚ since the offer is for American students who pay in USD. Meanwhile the costs of the company is mostly denominated in
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Discuss how multi-national corporations can minimize investment and political risks through their choice of market entry strategy Intro : Gt về globalization and reasons companies go approach. Obviously‚ with the impact of globalization trading and traveling around the world are become easier‚ comfortable and easily accessible. As the result‚ in all countries around the world‚ the economic conditions have been developed and these significant improvements make several companies become
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The Risk of Macros A primary security risk in using macros is that macros can be programmed to act like viruses and delete files and cause a lot of damage to your system. Depending on the service pack installed you may get an alert every time you open a file that contains a macro. It would be a good security practice to never enable macros unless you are completely confident and aware of the source. Any unsigned macros are automatically disabled. Any macros that are unknown or downloaded‚ the
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Exchange rate development in Ethiopia Monetary Development The legal tender currency of Ethiopia was issued on 23 July 1945 by defining the monetary unit as the Ethiopia dollar (E$) with a value of 5.52 grains (equivalent to 0.355745 grams) of fine gold. The linkage with fine gold was in accord with the monetary system established by the Bretton Woods Agreement of 1944. For the five years following the proclamation of the national currency (1945–1950)‚ money supply of the country was determined
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1.0 The pros of risk management Maintaining competitiveness Adverse changes in interest and exchange rates may reduce the competitive position of a company against those with lower levels of gearing or smaller exchange rate exposures‚ or compared with companies that have taken the precaution of hedging against rate changes. Reduction of bankruptcy risk Adverse movements in interest and exchange rates may jeopardize the continued operation of a company. A classic example is that of a
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THE EFFECTS OF EXCHANGE RATE IN INFLATION OUTPUT AND THE CURRENT ACCOUNT ABSTRACT The empirical studies on the effects of changes in exchange rates on inflation and real activity can be broadly divided into four categories: Single-equation econometric methods‚ Vector autoregressive (VAR) models‚ Structural macro econometric models and DSGE models - Dynamic stochastic general equilibrium. Methodologies: First‚ most participants use single-equation econometric methods that estimate
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Audit Risk Analysis Project – Bebe‚ Inc. Liberty University ACC 622 Advanced Auditing Due May 7‚ 2010 Table of Contents Memorandum ...................................................................................................................3 History ............................................................................................................................. 4 Product Offering ........................................................................................
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