The Great War was the bloodiest war in world history up to that point. Many historians claim that the buildup to the war was caused my militarism, alliances, imperialism, and nationalism (MAIN). This might be the composite indicator, but special importance should be placed on the Dual-Alliance between Austria-Hungary and the German Empire. The two came together for a myriad of reasons, most importantly a shared fear of Russian aggression, and remained together for over thirty years. Thus, an entire generation grew up recognizing that the two Germanic empires were closely allied, and the knowledge pervaded the culture of ...
Essays on Reinsurance
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Financial Institution Supervision: Insurance Companies
Introduction Insurance, in the simplest terms, means a transference of risk from the insured to the insurer. Around the world, individuals, families and businesses take advantage of the provisions of insurance so as to protect the possibilities of catastrophic losses that could occur due to loss of life or failure of a business. Over a period of time, the insurance industry has matured to throw up a multitude of products, and has grown into a multibillion-dollar industry. The management of risk is the key to the operations of the insurance industry. While insurance agencies have necessary internal checks and ...
Management Perspectives
The following Case Study will deal with QBE Insurance, revealing and discussing its organizational structure, strategies, role and legitimacy of management and also about the role of ethics and ethical practices. QBE Insurance is one of the biggest insurance companies in the world with headquarter in Sydney. It works in all main insurance markets with general number of employers 14 500 people in 37 countries of the world. The company is listed in top 20’s largest insurance and reinsurance companies of the world. The major strategy of the company is that how they define it, to bring really ...
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The Aetna Company is situated in the United States. It offers diversified health services such as medical, pharmacy and medical services. It also offers behavioural health plans and disability plans. Its services are offered under the three sections of health care, group life and large scale pensions. The healthcare section provides Medicare and Medicaid services in addition to the medical, pharmacy and dental services. The group life section offers accidental, dismemberment, life, disability and spouse life insurance services. The third section, large scale pension offers services such as pension and annuity plans for the employees, the individuals who are ...
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