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 Insurance
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Private Military Companies Mere War Profiteers or a cost-effective alternative? […] “This war has been privatized more than any other war in history… forty cents of every dollar Congress controls goes to private contractors.”1 In Iraq for Sale: The War Profiteers Robert Greenwald shows how private companies have made millions of the Iraq War performing duties that used to be done by the government. In that same documentary‚ private military companies are portrayed as greedy‚ profit-seeking
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Kristine Thomas Professor Lee Bio 120-171 November 25‚ 2012 “Alternative cancer treatments” Is radiation therapy and chemotherapy the best resources out for the fight against cancer?” Cancer has been around for most of human history. Evidence of cancer has been discovered in fossilized bone tumors‚ as well as in human mummies from ancient Egypt. Western medicine has made great discoveries toward cancer treatment‚ but I often wonder
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The World War I could be avoided because of: 1. Uncertainty of Great Britain Germany planned on conquering France in a short time period and then eliminate it from the war‚ after which they would carry on to the Eastern front where they would take on Russia (which wouldn’t have made it in time to help France). On the other side‚ in Great Britain the Foreign Minister‚ Sir Edward Grey held a conference meeting in July 1912‚ in which he stated that Britain would start a war only should Belgium
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Through out recorded history‚ people of various cultures have relied on what Western medical practitioners today call alternative medicine. People use these treatments and therapies in a variety of different ways. The most common form of alternative medicine that is the most widely used is herbal medicines. Herbs have been used for thousands of years through out the world. There are records of the Egyptians using them in 1 600 BC‚ and scriptures that date back to the Yin dynasty in 1 500 BC (3)
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Tradition is existing knowledge. A tradition is a group of related ideas that have lasted for a long time. In some cases people have spent that time trying to improve the ideas. We’ll call that a dynamic tradition because it changes over time. In other cases‚ the focus has been on keeping the tradition exactly the same over time. We’ll call that a static tradition because it does not change. Although these approaches are contradictory‚ some traditions are mixed. Dynamic traditions are important
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Guest Houses in the Maldives offer budget accommodation for tourists visiting local islands in the Maldives. Previously‚ this type of accommodation was available only in the capital city‚ Male’. Since 2011‚ guest houses are being developed in other local islands. 13 new guest houses were opened in different islands of the Maldives in 2011. At the end of 2011‚ there were 659 beds in 38 guest houses registered with MOTAC. Although guest houses contribute only 2.5% to the total
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Why do companies need a strategy? Strategy is very important for a business. Without a strategy an existing business can drift away from its customers and become uncompetitive with its environment and eventually the business will stop making profit. This is known as strategic drift. In other words‚ having a strategy is a way to remain competitive or it is a way of forcing a strategic change when an organisation has drifted away from its environment and is staring to fail. Lately‚ these strategic
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SPOTLIGHT CAN ENTREPRENEURS SAVE THE WORLD? Spotlight ARTWORK Josh Keyes‚ Burst I‚ 2009 acrylic on panel‚ 30" x 80" A New Alliance 56 Harvard Business Review September 2010 HBR.ORG Bill Drayton is the CEO of Ashoka: Innovators for the Public‚ a global organization with headquarters in Arlington‚ Virginia. Valeria Budinich is the founder and chief entrepreneur of Ashoka’s Full Economic Citizenship Initiative. Working together‚ corporations and social entrepreneurs can reshape
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Course Name: Course Instructor: Date of Submission: Chrysler Fiat Strategic Alliance The Chrysler Company was founded by Walter Chrysler on June 6‚ 1925‚ when the Maxwell Motor Company (est. 1904) was re-organized into the Chrysler Corporation. Later Fiat S.P.A was merged into the company following a board approval and become Fiat Chrysler Automobiles NV (FCA). FCA became the owner of the Fiat Group‚ the holding company that consists most of the company’s brands‚ like Ferrari‚ Maserati‚ Fiat Group
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