Download or read book The Valuation of Financial Companies written by Mario Massari and published by John Wiley & Sons. This book was released on 2014-01-07 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the main valuation approaches that can be used to value financial institutions. By sketching 1) the different business models of banks (both commercial and investment banks) and insurance companies (life, property and casualty and reinsurance); 2) the structure and peculiarities of financial institutions’ reporting and financial statements; and 3) the main features of regulatory capital frameworks for banking and insurance (ie Basel III, Solvency II), the book addresses why such elements make the valuation of financial institutions different from the valuation of non-financial companies. The book then features the valuation models that can be used to determine the value of banks and insurance companies including the Discounted Cash Flow, Dividend Discount Model, and Residual Income Model (with the appropriate estimation techniques for the cost of capital and cash flow in financial industries). The main techniques to perform the relative valuation of financial institutions are then presented: along the traditional multiples (P/E, P/BV, P/TBV, P/NAV), the multiples based on industry-specific value drivers are discussed (for example, P/Pre Provision Profit, P/Deposits, P/Premiums, P/Number of branches). Further valuation tools such as the “Value Maps” or the “Warranted Equity Method” will be explained and discussed. The closing section of the book will briefly focus on the valuation of specific financial companies/vehicles such as closed-end funds, private equity funds, leasing companies, etc.

Download or read book Financial Services Fact Book written by Insurance Information Institute and published by Insurance Information Inst.. This book was released on 2009 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Deposit Insurance Flexibility Act written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance and published by . This book was released on 1981 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Competitiveness of U S Insurance Companies Financial Service s System and Non bank Financial Firms written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. International Competitiveness of United States Financial Institutions Task Force and published by . This book was released on 1990 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Deposit Insurance Reform and Financial Modernization written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1990 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Merging the Deposit Insurance Funds written by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Financial Institutions and Consumer Credit and published by . This book was released on 2000 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Financial Services Revolution written by Clifford E. Kirsch and published by McGraw-Hill Companies. This book was released on 1997 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial services are facing numerous challenges caused by the rapid changes occurring in the marketplace. These events have called into question the fundamental principles upon which the current regulatory structure was built. In the past, the roles of banks, mutual funds, and insurance companies have been somewhat separate; today the differences are becoming less noticeable. The Financial Services Revolution explores the current regulatory environment. This title is an essential tool for any financial professional seeking to keep abreast of this rapidly changing industry. Specific topics include: Banks and insurance companies moving away from their traditional business operations and entering the investment management arena; The increasing role of mutual funds in the financial services industry; The explosion of new financial instruments into the industry.

Download or read book Deposit Insurance written by United States. General Accounting Office and published by . This book was released on 1991 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Banking Financial Services Insurance written by IT-shades.com and published by EGBG Services LLC. This book was released on 2019-09-26 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document brings together a set of latest data points and publicly available information relevant for Financial Services and Insurance Industry. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.

Download or read book Insurance and Issues in Financial Soundness written by Nigel Davies and published by International Monetary Fund. This book was released on 2003-07-01 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores insurance as a source of financial system vulnerability. It provides a brief overview of the insurance industry and reviews the risks it faces, as well as several recent failures of insurance companies that had systemic implications. Assimilation of banking-type activities by life insurers appears to be the key systemic vulnerability. Building on this experience and the experience gained under the FSAP, the paper proposes key indicators that should be compiled and used for surveillance of financial soundness of insurance companies and the insurance sector as a whole.

Download or read book I Bytes Banking Financial Services Insurance written by IT-shades and published by EGBG Services LLC. This book was released on 2019-10-12 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document brings together a set of latest data points and publicly available information relevant for Banking, Financial Services & Insurance Industry. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.

Download or read book Restructuring of the Banking Industry written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance and published by . This book was released on 1991 with total page 1074 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financial Institutions Safety and Consumer Choice Act of 1991 H R 1505 written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance and published by . This book was released on 1991 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Bank Management and Financial Services written by Perry Stinson and published by . This book was released on 2019-06-03 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial services refer to the economic services delivered by the finance industry across multiple businesses and organizations like banks, insurance companies, stock brokerages, etc. In banks, besides the primary functionalities of storing, lending and borrowing money, financial services also include making investments across many industries and companies, capital generation, insurance facilitation and fund transfer. This book presents the key concepts and theories essential to the field of bank management and financial services. Constant effort has been made to make the understanding of the difficult concepts as easy and informative as possible. Banking professionals, financial advisors, experts and students alike will be benefited by an in-depth study of this book.

Download or read book Reform of the nation s banking and financial systems written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance and published by . This book was released on 1988 with total page 1228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financial Management of Life Insurance Companies written by J. David Cummins and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: th This book is published to commemorate the 50 Anniversary of the S.S. Huebner Foundation for Insurance Education. Administered at the Wharton School of the University of Pennsylvania, the Huebner Foundation was established in 1941 to strengthen insurance education at the collegiate level by increasing the number of professors specializing in insurance and enriching the literature in the field. The financial support of leading life insurance companies has enabled the Foundation to provide post-graduate education for prospective insurance teachers and scholars. Through its fellowship program, the Foundation supports students in the Ph.D. program in Risk and Insurance at the Wharton School. The success of the Foundation is measured by the accomplishments of its alumni. Former Huebner Fellows play leading roles in every major area of insurance education. Fellows teach insurance to tens of thousands of undergraduate and MBA students each year and have written hundreds of books and thousands of articles on insurance. Fellows hold leadership positions at the American College, the Life Office Management Association, and the Certified Employee Benefit Specialist Program. The Foundation was created in honor of Dr. Solomon S. Huebner, a pioneer in insurance education. Dr. Huebner taught the first organized course on the economics of insurance ever offered at the collegiate level in 1904. An internationally recognized author and teacher, Dr. Huebner had a profound impact on both insurance education and the insurance industry. He served on the faculty of the Wharton School for more than nearly fifty years.

Download or read book Ensuring Competition written by Ignatius J. Horstmann and published by . This book was released on 1996 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: A controversial aspect of proposed changes to regulations for the financial services industry in Canada is the proposal to allow banks to distribute insurance products. This publication provides an economic analysis of the forces that have brought the banks and insurance companies into direct competition. It reviews the state of the insurance industry in Canada, assesses potential costs of bank sales of insurance, examines whether the banks have a genuine economic advantage in insurance distribution, and discusses the benefits to consumers of the above proposal. Evidence is presented on consumer benefits and impact on the insurance industry from countries where banks are permitted to distribute insurance products (Europe, United States, Australia, New Zealand). Finally, policy questions facing Canadian legislators are addressed.