Proposals of the Massachusetts Hospital Life Insurance Company to Make Insurance on Lives to Grant Annuities on Lives and in Trust and Endowments for Children ab 11.49 € als Taschenbuch: . Aus dem Bereich: Bücher, Taschenbücher, Geist & Wissen,
Bachelor Thesis from the year 2010 in the subject Business economics - Business Management, Corporate Governance, printed single-sided, grade: 9.0, Maastricht University, language: English, abstract: This thesis analyzes the voting behavior of the Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF). As one of the largest financial services companies in the United States, with over 426 billion Dollar in combined assets under management as of 31 of March 2010, the fund is using proxy voting as a tool to promote positive returns from their investments. This thesis relies on a database constructed out of SEC N-PX lings over a period of six month. The results indicate that TIAA-CREF only withholds directors their vote in a moderate amount of cases. In addition, the fund voted more often against management at proposals cast by shareholders concerning board structures and shareholder rights than at proposals concerning other corporate governance issues.
Master's Thesis from the year 2011 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, University of Applied Sciences Essen, course: General economics, language: English, abstract: The global financial crisis which began in mid-2007 revealed the significant risks posed by large, complex and interconnected institutions and the fault-lines in the regulatory and oversight systems. The drying up of market liquidity caused lacks of funding for financial institutions and their reactions to the market stress increased the market tensions which highlighted the strong link between banks funding liquidity and market liquidity. Over the past two decades preceding the crisis, banks in advanced countries significantly expanded in size and increased their outreach globally. In many cases, they moved away from the traditional banking model towards globally active large and complex financial institutions. The majority of cross-border finance was intermediated by some of these institutions with growing interconnections within and across borders. The result were trends in the banking industry which include a sharp rise in leverage, significant reliance on short-term funding, significant off-balance sheet activities, maturity mismatches and increased share of revenues from complex products and trading activities. This development has moved on to a systematic risk and it has been identified a need in the financial sector to measure those aspects, to assess the resilience of the financial sector to liquidity shocks and give guidance to the policy of central banks and regulators. At the same time, the financial industry has started a fast process of consolidation worldwide. Regulators, organized in the Basel Committee on Banking Supervision (BCBS) have responded to the financial crisis by proposing new regulation which is known as 'Basel III'. The reform program leads to fundamental changes and implements capital and liquidity reforms. The liquidity reform represents the first attempt by international regulators to introduce harmonized liquidity minimum standards for financial institutions. Extensive efforts through the Basel Committee, with the 'Basel III' program, are being considered internationally and domestically to revise these deficiencies and failures, in order to safeguard the stability of the financial system. The key objective is to promote a less leveraged, less risky, and thus a more resilient financial system that supports strong and sustainable economic growth. The bulk of the proposals have focused on revising existing regulations applicable to financial institutions and to influence the extent and consequences of their risk taking.
The problem of solvency is, in fact, as old as insurance. The history of the industry knows many ways to meet the risks involved with underwriting, such as spreading the risk portfolio (Cato, Senior already applied it), risk selection, reserve funds, reinsurance, etc. Whilst these measures too often proved ineffective, the establish ment of legislative control and public supervision ensued. However, not until the last few decades has the solvency issue become an ob ject of intensive studies, very much thanks to the progress of related empirical and theoretical knowledge, and in the under standing of the concerned complicated processes. The research activities have grown extensively in many countries in recent years. The more the studies advance the more new relevant aspects are detected and a great variety of alternative proposals have come up for discussion. Therefore, it has become necessary to attempt a survey of the whole problem area in order to be able to place the quite numerous pieces of knowledge in their proper context, and also, among other things, to avoid the pitfalls of handling isolated problems omitting vital tie-ins to the environment. Many of the rele vant problems and subproblems are still lacking adequate and well tested solutions. Therefore, a survey of the whole problem area can also hopefully serve as guidance for future research efforts.
For centuries, warranties have played a significant role in the law of marine insurance and have recently sparked debate on a national and international level after calls for reform. This second edition includes a more involved analysis of law reform as well as a discussion of the recent proposals of the Australian Law Reform Commission.Soyer lucidly analyzes the legal remedy available when a marine insurance warranty is breached as well as setting out the current law on marine insurance warranties. This new edition also includes: a new section on the impact of the International Ship and Port Facility Security Code (ISPS Code)reference to numerous decisions recently handed down by the courts eg. HIH Casualty and General Insurance Ltd. v. New Hampshire Co. and Agapitos v. Agnew (No. 2)a more in-depth discussion of the position in other commonwealth jurisdictions, specially Australia and Canada.
Recently, political discussion about employment protection has again come to the fore in Europe. The most prominent example certainly is the struggle over the Contrat Première Embauche in France in 2006. Many officials claim that the loosening or reorganisation of the employment protection legislation would decrease unemployment because of more flexible labour markets. This is questioned by the advocates of employment protection. The book evaluates &#8211; from a theoretical perspective &#8211; the possible employment effects of some proposals made, namely an experience-rated unemployment insurance, severance payments, educational decisions and the interaction of employment protection and unionisation.
U.S. Public Health Policy examines health policy in the United States, which reflects authoritative decisions and the process of decision-making, carried out at the federal, state, and local levels, which affect personal health and access to and delivery of health services. The publication provides an analysis of health policy making in the U.S., including how health policy proposals move through the policy process. It also assesses the key challenges with regards to addressing cost, access, and quality issues in health care and an evaluation of the existing policies in these arenas. In addition, it contains an analysis of the diversity of perspectives held by policy makers, interest groups, healthcare professionals, and other stakeholders regarding existing and proposed health policy. Chapters include: Introduction - the policy process and case scenarios; the policy and political environment and case scenarios; Access challenges and policies - health care reform to address access; access to insurance versus access to care; health access care or insurance?; Quality challenges and policies - government versus private options for quality; pros and cons of pay-for-performance; Cost challenges and policies - challenges in containing health care costs - legislation on cost containment; Disease and emergency-related health policy; Conclusion The author is Immanuel Azaad Moonesar R.D., M.Q.M., NEBOSH, Dip-ICND, B.Sc., who is a researcher in Health Services and PhD Candidate, Walden University, DC, U.S.A. He is affiliated to the Mohammed Bin Rashid School of Government, Dubai, U.A.E.
This book provides a much-needed analysis of this very important subject for international business lawyers, including discussion of the jurisdictional and choice of laws issues arising from cross-border contracts of insurance and reinsurance concluded by electronic means. This book is the first published in England to devote itself to a detailed analysis of the choice of laws rules in the E.C. Insurance Directives. The private international law rules of the E.C. Insurance Directives deal with the applicable law to insurance contracts covering risks situated within the EU. They do not deal with the applicable law to reinsurance contracts and insurance contracts covering risks situated outside the EU. This should be ascertained by reference to the choice of laws provisions in the 1980 Rome Convention on the law applicable to contractual obligations. Detailed discussion of these rules is also provided, and proposals for reform are suggested.
Considering the strengths and weaknesses of both sides of the current debate, Rahdert develops a modified version of the insurance rationale that can become a tool for evaluating future tort reform proposals. Mark C. Rahdert is Professor of Law at Temple University.