Finance

The insurance of the civil responsibility of car-owners.

Insuring the civil responsibility of car-owners, underwriter undertakes to compensate damages to third persons that resulted from the insurer’s maintenance of the automobile. On the territory of RM this kind of insurance is obligatory.

Let's look into the institutional arrangements for equity trading. After all, from our corporate perspective, stocks are more interesting than many other financial instruments, such as foreign government bonds, even if there is more money in foreign government bonds than in corporate equity.

The presence of regularly occurring anomalies in conventional economic theory was a big contributor to the formation of behavioural finance. These so-called anomalies, and their continued existence, directly violate modern financial and economic theories, which assume rational and logical behaviour.

Standard finance stand on the arbitrage principles of Miller & Modigliani, the portfolio principles of Markowitz, the capital asset pricing theory of Sharpe, Lintner & Black, and the option-pricing theory of Black, Scholes & Merton.

These approaches consider markets to be efficient and are highly normative and analytical.

The essence of insurance marketing

Marketing is a philosophy of the underwriter, determining the strategy and tactics of his activities in the conditions terms of competition. Marketing simultaneously combines market research, new product development, distribution, advertising, promotion, product improvement and so on.