... Development. Ideally, insurers will look for investments that represent a good fit to the nature and maturity date of its liabilities, while achieving optimal returns within a defined range of risk tolerance. In reality, however, insurers opt consciously for controlled asset- liability mismatch in order to...

... Development. Ideally, insurers will look for investments that represent a good fit to the nature and maturity date of its liabilities, while achieving optimal returns within a defined range of risk tolerance. In reality, however, insurers opt consciously for controlled asset- liability mismatch in order to...

..., and affect an individual or a fairly small number of people. The consequences may be serious, even fatal, for those involved, but are comparatively localised. Such risks include motor accidents, personal injuries and the like. (ii) Fundamental Risks: Their causes are outside the control of any one...

... a fairly small number of people. The consequences may be serious, even fatal, for those involved, but are comparatively localised. Such risks include motor accidents, personal injuries and the like. (ii) Fundamental Risks: Their causes are outside the control of any one individual or even a group of...