6/4/2015 Ethiopian Insurance Coorpration About Us Financial Service Side Menu Background OrgStructure & Staff Development Vision & Mission Investment & Inteational Affiliation Reinsurance Publication Branches News Forms Contact Us Search Articles FAQ Company Profile HISTORICAL BACKGROUND Ethiopian Insurance Corporation (EIC) was established in 1976 by proclamation No.68/1975. The Corporation came into existence by taking over all the assets and liabilities of the thirteen nationalized private insurance
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Multinational Financial Management – Corporate Finance CEMS Elvira Sojli RSM Erasmus University Department of Finance esojli@rsm.nl Almost tautologically‚ international finance selects from the broad field of finance those issues that have to do with the existence of many distinct countries. The fact that firms operate in countries which operate as separate entities severely complicates a CFO’s life. Some‚ but by no means all‚ of the issues that arise due to multinational operations are:
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Issues of Gharar. Discuss the issue of gharar in financial transactions. Gharar is most significant element in financial contracts1 and also prohibited elements in Islamic financial transaction. Gharar means uncertainty about the subject matter2. In other words‚ gharar also can be defined as any uncertainty created by the lack of information in a contract. Issue of gharar in financial transactions: Conventional Insurance For example‚ in conventional insurance‚ the policyholder enters in general
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March 15‚ 2013 Contacts: Tara Andringa 202-228-3685 Opening Statement of Senator Carl Levin (D-Mich.) U.S. Senate Permanent Subcommittee on Investigations Hearing on JPMorgan Chase Whale Trades: A Case History of Derivatives Risks and Abuses March 15‚ 2013 Good morning. Let me begin by extending a special welcome to a longtime friend‚ the new Ranking Member of the Subcommittee‚ Senator McCain. This is not the first time we have worked side-by-side. I deeply appreciate the energy and bipartisan
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FINANCIAL CRISIS: WHERE DID RISK MANAGEMENT FAIL? Gabriele Sabato Royal Bank of Scotland1 Abstract The real estate market bubble and the subprime mortgages have been often identified as the causes of the current financial crisis‚ but this is not entirely true or‚ at least‚ they cannot be considered as the main cause. A poor regulatory framework based on the belief that banks could be trusted to regulate themselves is among the main sources of the crisis. At the same time‚ risk management
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The Leading Distributor of Market Research Reports‚ MarketReportsStore.com publishes report on “Life Insurance in Latvia‚ Key Trends and Opportunities to 2017”. Avail 20% discount on this report until 30th April 2014. Synopsis The report provides in-depth market analysis‚ information and insights into the Latvian life insurance segment‚ including: • The Latvian life insurance segment’s growth prospects by life insurance categories • Key trends and drivers for the life insurance segment • The
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Market Research Report Life Insurance in Hong Kong‚ Key Trends and Opportunities to 2018 ©reportscue Synopsis: The report provides in-depth market analysis‚ information and insights into the Hong Kong life insurance segment‚ including: • The Hong Kong life insurance segment’s growth prospects by life insurance category • Key trends and drivers for the life insurance segment • The various distribution channels in the Hong Kong life insurance segment • The detailed competitive landscape in the
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Marriott Corporation: The Cost of Capital T c=income taxes of 1987 / income before income taxes of 1987 = 175.9/398.9 = 44% Step 1:From the Exhibit 3 ß equity for each firm in this industry are below Marriot Corporation 1.11; Hilton Hotels Corporation .76 ; Holiday Corporation 1.35 La Quinta Motor Inns .89; Ramada Inns‚ Inc 1.36. Step 2: For each firm in the industry‚ to estimate bunlevered using the bequity estimate: bequity = [1 + (1-TC)Debt/Equity]bunlevered bunlevered of Marriot= 1.11/[1+(1-
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The Duff & Phelps Risk Premium Report 2011 Using the 2011 Duff & Phelps Report: Learn from the Master Roger Grabowski‚ ASA Duff & Phelps Questions@BVResources.com © 2011 Business Valuation Resources‚ LLC Disclaimer Any opinions presented in this seminar are those of Roger J. Grabowski and do not represent the official position of Duff & Phelps‚ LLC. This material is offered for educational purposes with the understanding that neither the author or Duff & Phelps‚ LLC are not engaged
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The Detail Information of Permanent Life Insurance versus Term Life Insurance People need to insure their selves from any probability. There are many benefits of insurance and people start to understand about its benefits. One of its benefit is you can have some cash values in the future. The benefit is not only for you‚ but also for your beneficiary and your family. However‚ you need to be careful to choose the great and suitable insurance for you and make sure the payment of it will not make you
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