Property insurance can make an important contribution to managing the financial impacts of earthquake risk, although earthquake loss insurance faces a number of challenges. As a result, various countries have made public earthquake (re)insurance arrangements to support wider insurance coverage, especially...
The primary function of the capital market is to bring together investors who buy securities with those who sell them. The three main participants of the capital market are individuals (also known as investors), borrowers and shareholders[1]. Based on the already...
Many countries tax certain assets in this way, such as ordinary interest-bearing deposits. On the contrary, avoiding taxation of investment returns, equal pre- and after-tax real returns are maintained, regardless of the mix of inflation and real-to-nominal returns. However, a comprehensive income...
