Sue The European Banking Authority (EBA) is a pan-European banking regulator established in 2011. Its main objective is to ensure the smooth functioning of the banking sector across the European Union (EU). The EBA is based in London, United Kingdom. The EBA is responsible for developing and enforcing common rules and standards for banks operating in … Read more
Losses and loss-adjustment expenses are the amount of money an insurance company pays out in claims and the cost of settling those claims. This can include the cost of investigating and defending against claims, as well as any legal fees associated with settling a claim. What two kinds of losses must insurers calculate for their … Read more
A bond that is issued by a corporation in order to raise capital for working capital or other purposes. The issuer often uses the proceeds from the sale of the bonds to pay off existing debt. Adjustment bonds are typically issued with a face value of $1,000 and have a maturity of five to ten … Read more
