Second Surplus.

A second surplus is the amount of money that an insurance company has available to pay claims after meeting all of its policyholder obligations. The second surplus is also known as the company’s net worth. What is first surplus in reinsurance? First surplus in reinsurance is the reinsurance coverage that is purchased by an insurance … Read more

Stagflation.

Stagflation is a term used to describe a situation in which the inflation rate is high and the economic growth rate is low. This combination of factors can lead to increased unemployment and a decrease in the standard of living. What is new Keynesian Phillips curve? The new Keynesian Phillips curve (NKPC) is a macroeconomic … Read more

Delisting.

When a company’s stock is delisted, it is no longer traded on a major exchange. This can happen for a number of reasons, including bankruptcy, failure to meet exchange listing requirements, or voluntarily delisting. Once a stock is delisted, it becomes much harder to sell, and the price is likely to drop significantly. For investors, … Read more