Rmi 3567 - Study guides, Class notes & Summaries

1. facilitates real estate transaction 2. strengthens businesses' ability to operate in risky areas 3. protects wealth/savings of households in risky areas What are three positive externalities that occurred due to access to terrorism insurance? negative externality Pollution from gasoline in a car or industrial pollution would be examples of what? risk pool This is the most common terrorism model for insurance Make Available Provision Federal Loss Provision What are the two main feat...

Top 5 global risks in terms of impact (2019) - weapons of mass destruction - failure of climate change mitigation and adaption - extreme weather events - water crisis - natural disasters Changing; complex Global risks are ______ and ______ ERM - A way for MNCs to assess and manage risks at the entity level - intends to help the organization meet its goals MNCs ______ are large, complex, sometimes bureaucratic, and unwieldy - Reduce - Retain - Transfer - Avoid 4 kinds of risk treatmen...

FX Swap - Answer--Combines a spot transaction with the benefits of a forward contract -One currency is swapped for another (usually a spot transaction) and swapped back (via a forward contract) to the original currency at a future date -Example: go to Europe and exchange USD to EUR and when you come back home you exchange your remaining EUR back to USED FX Vehicle Currency - Answer-Usually a third party currency that makes exchanges much easier, acting as the vehicle to the trade FX futur...

RMI 3567 Exam 1 Questions and Answers 100% Verified FX Swap - Correct Answer ️️ --Combines a spot transaction with the benefits of a forward contract -One currency is swapped for another (usually a spot transaction) and swapped back (via a forward contract) to the original currency at a future date -Example: go to Europe and exchange USD to EUR and when you come back home you exchange your remaining EUR back to USED FX Vehicle Currency - Correct Answer ️️ -Usually a third party c...

Design Defect* - Answer-A flaw or deficiency in the design of a product that makes it unreasonably dangerous to users. Can result in product liability where manufacturers/designers may be held responsible for injuries or damages caused by the defective design. Manufacturing Defect* - Answer-A defect that occurs during the manufacturing process, causing a product to deviate from its intended design. Results in unsafe products and manufacturers may be held liable for harm caused to consumers....

Pension Plan Endowments Hedge Funds Alt. Asset ManagerName four examples of alternative capital Retrocessionwhat is it called when a reinsurer transfers risk to another reinsurer? Retrocessionairewho is the reinsurer who the additional risk is ceded to? cedentWho is the primary or reinsurer who transfers the risk? US China JapanWhere are the top insurance markets?

OTC - deregulated market to exchange currency - lower transactions costs - prone to fraud and dishonest traders -private transaction between bank and client - no guarantee quote is best one out there -tailored to buyer's need in maturity, amount, currency FX Swap - both a spot transaction and a forward contract - exchange of two currencies using current exchange rate - then currencies swapped back to initial currency at certain future date FX Vehicle Currency - the currency which act...