Insurance entities usually write covered-call options because they consider the premium received for writing the options to be either:
When securities repurchased under repos commonly have a principal amount that differs from principal amount of the security originally sold under the agreement, is known as:
Selling a stream of contingent revenues to another party, at a discount to the expected value is called:
Reduction for salvage is:
What represent legal agreements between buyers or sellers and represent commitments to buy or sell financial instruments at specified dates and prices?
Short-duration contracts provide insurance protection for fixed period and can cancel the contract at the end of any contract period.
The subsequent measurement of the deposits is based upon whether the insurance and reinsurance contract:
What technique uses a risk-adjusted discount rate and contractual, promised, or most likely cash flows?
Life insurance companies frequently make mortgage loans to affiliated companies (such as subsidiaries or companies owned by a common parent company) and to joint ventures in which the life insurance company is a joint venturer. The company must carefully examine:
With the advent of adjustable rate mortgages, amortization schedules are adjusted periodically as dictated by the terms of the loan agreement. A _____________file is used to indicate when to adjust the rate. Most computer software systems can adjust amortization schedules by reminding the company of change dates, accept current rate adjustments, and to produce new schedules.
