8004 무료 덤프문제 온라인 액세스

Which items below were at the core of the problems at Bankgesellschaft Berlin?

• A.Political corruption and poor management
• B.Rash guarantees given to investors in property linked funds
• C.Over exposure to the property market
• D.All of the above

Taisei Fire and Marine Insurance Co

• A.had a full understanding from Fortress Re of the risks in the pool
• B.relied on the information it received from other members of the reinsurance pool to manage its risks
• C.had a full understanding from other members of the pool of the pool's liabilities
• D.relied almost entirely on Fortress Re's management team for information on the risks in its portfolio

Finite insurance is reinsurance which

• A.transfers only a limited amount of risk at the usual reinsurance price
• B.transfers the total risk at the usual reinsurance price
• C.transfers the total risk at less cost than traditional reinsurance
• D.transfers only a limited amount of risk at less cost than traditional reinsurance

When describing the reasons for the collapse of China Aviation Oil, which of the following was not cited?

• A.Time value was not taken into account during the contract valuation process
• B.Loss generating positions were rolled over by selling options on larger positions to generate cash premiums' to settle existing position losses
• C.Senior management in China were aware of the positions but did not understand the complexities of risk managing them
• D.No properly defined risk management policies in place and general lack of oversight by senior management

Which of the following was not considered to be a positive outcome of the Northern Rock Case Study?

• A.The role of the UK government and the possible underwriting of risks by tax-payers, and the general question of Moral Hazard
• B.The original successful business model had not stress tested sufficiently for the incidence of Low Probability, High Impact incidents
• C.The reform of the Deposit Protection Scheme because of its internal inconsistencies
• D.It emphasised the importance of effective governance arrangements within financial firms