What Is a Spot Exchange Rate?

A spot exchange rate is the current exchange rate for a currency pair. The “spot” refers to the current price at which the currencies are being traded. The spot exchange rate is usually different from the forward exchange rate, which is the rate at which currencies are traded for delivery at a later date. Why … Read more

What Are Unallocated Loss Adjustment Expenses (ULAE)?

ULAE are defined as “the portion of an insurer’s incurred loss and loss adjustment expenses that are not recoverable from reinsurance.” In other words, ULAE are those expenses that an insurer must absorb itself, rather than being able to recover from its reinsurers. There are a number of reasons why an insurer might not be … Read more

Financial ratio analysis is a process of determining the relationships between different financial aspects of a company in order to make better economic decisions.

. What are financial ratios? Types of financial ratios How to use financial ratios What are main financial ratios? There are a number of financial ratios that can be used to assess the financial health of a company. Some of the most common include the following: -Gross profit margin: This ratio measures the percentage of … Read more

Stretch Annuity.

A stretch annuity is an annuity that allows for payments to be made over a period of time that is greater than the life expectancy of the annuitant. This type of annuity can be useful for people who want to ensure that their beneficiaries will receive payments from the annuity even after they die. What … Read more