The absolute value of the distinguishing factor that exist between losses employed in triggering the occurrences of CAT bonds and the exact losses for an insurer is considered Basis Risk. This kind of risk is not only related to insurers only but also CAT bond investors as well. This is because...

Transaction Marketing is the theory and practice in Marketing that centres on the art of attracting new customers rather than retaining existing ones. The traditional emphasis has been on making sales rather than building relationships. The focus is on pre-selling rather than on caring for the...

The regulation of bank liquidity has been one of the primary issues in the developed regulatory requirements of banks (Basel III). We by this paper examine two concerns that have not been addressed in Basel III and are of prime importance for the realization of a more effective liquidity...

Monetary policy is undeniably an effective tool in global financial systems; that notwithstanding it sometimes comes with unanticipated consequences. For there to be a successful monetary policy arrangement in place, there is the need for policymakers and or regulators to have a precise...