European arbitrage CLOs and risk retention†

2021 ◽  
pp. 1-13
Author(s):  
Demir Bektić ◽  
Britta Hachenberg
Keyword(s):  
Risk Retention

scholarly journals Individual Property Risk Management

2010 ◽  
Vol 2010 ◽  
pp. 1-11
Author(s):  
Michael S. Finke ◽  
Eric Belasco ◽  
Sandra J. Huston
Keyword(s):  
Risk Management ◽  
Financial Planning ◽  
Optimal Choice ◽  
Excess Risk ◽  
Individual Property ◽  
Risk Transfer ◽  
Potential Gain ◽  
Theoretical Assumptions ◽  
Property Losses ◽  
Risk Retention

This paper reviews household property risk management and estimates normatively optimal choice under theoretical assumptions. Although risk retention limits are common in the financial planning industry, estimates of optimal risk retention that include both financial and human wealth far exceed limits commonly recommended. Households appear to frame property losses differently from other wealth losses leading to wealth-reducing, excess risk transfer. Possible theoretical explanations for excess sensitivity to loss are reviewed. Differences between observed and optimal risk management imply a large potential gain from improved choice.

Risk Retention: The Journey Thus Far

2011 ◽  
Vol 17 (1) ◽  
pp. 31-35 ◽  
Author(s):  
Ed De Sear ◽  
John Hwang
Keyword(s):  
Risk Retention

Proposed Risk Retention Rules Trouble Abcp Market

2014 ◽  
Vol 19 (4) ◽  
pp. 10-17
Author(s):  
James J. Croke ◽  
Peter C. Manbeck
Keyword(s):  
Risk Retention

Commercial Law Concentrate

2019 ◽  
Author(s):  
Eric Baskind
Keyword(s):  
Consumer Credit ◽  
Online Resources ◽  
Commercial Law ◽  
Essential Information ◽  
Coverage Accuracy ◽  
Key Topics ◽  
The Creation ◽  
Book Covers ◽  
Risk Retention

Each Concentrate revision guide is packed with essential information, key cases, revision tips, exam Q&As, and more. Concentrates show you what to expect in a law exam, what examiners are looking for, and how to achieve extra marks. Commercial Law Concentrate is supported by extensive online resources to take your learning further. It has been written by experts and covers all the key topics so you can approach your exams with confidence. The clear, succinct coverage enables you to quickly grasp the fundamental principles of this area of law and helps you to succeed in exams. This guide has been rigorously reviewed, and is endorsed by students and lecturers for level of coverage, accuracy, and exam advice. It is clear, concise, and easy to use, helping you get the most out of your revision. After an introduction to contracts for the sale of goods, the book covers: statutory implied terms; passing of property and risk; retention of title clauses; exemption and limitation clauses; non-existent and perishing of goods; transfer of ownership by a non-owner; delivery, acceptance, and payment; remedies of the unpaid seller; remedies of the buyer; consumer credit; the creation of agency and the agent’s authority; and the relationships created by agency—the rights and liabilities of the parties.

Economic and market predictors of solvency of family takaful in Malaysia

2017 ◽  
Vol 8 (3) ◽  
pp. 334-344
Author(s):  
Muhamad Abduh ◽  
Syaza Nawwarah Zein Isma
Keyword(s):  
Annual Reports ◽  
Company Size ◽  
Profit Rate ◽  
Content Type ◽  
Factors Affecting ◽  
Dependent Variables ◽  
Investment Income ◽  
Equity Index ◽  
Reserve Ratio ◽  
Risk Retention

Purpose The purpose of this study is to empirically study firm-specific and economic factors affecting solvency of family takaful companies in Malaysia. Design/methodology/approach Data are extracted from the annual reports of six family takaful companies and Bloomberg for the period from 2008 to 2012. Equity-to-asset and equity-to-technical reserve ratio are used to measure solvency and thus become the dependent variables. Meanwhile, profit rate, Islamic index, company size, risk retention, contribution growth, investment income, takaful leverage, liquidity and expenses are the independent variables. Findings The determinants that are positively related to equity-to-asset ratio (EAR) of family takaful include contribution growth, investment income, takaful leverage, liquidity and Islamic equity index. Meanwhile, company size, risk retention, expenses and profit rate are negatively related to EAR of takaful. Equity-to-technical reserves ratio (ETR) of takaful are positively related to risk retention, contribution growth, investment income, takaful leverage, profit rate and Islamic equity index. The other variables including company size, liquidity, and expenses are negatively related to ETR of takaful. Originality/value This study explores factors affecting the solvency of family takaful, which to the best of the authors’ knowledge is still lacking empirical research which may improve the understanding of this issue.

scholarly journals Simple, Transparent and Standardised Securitisation (STS Securitisation) as a Specific Type of Securitisation under the Regulation 2017/2402

2020 ◽  
Vol 29 (5) ◽  
pp. 103
Author(s):  
Przemysław Katner
Keyword(s):  
European Union ◽  
Financial Crisis ◽  
General Framework ◽  
European Parliament ◽  
Due Diligence ◽  
The European Union ◽  
Member States ◽  
Economic Sphere ◽  
Risk Retention

<p>The securitisation market worth trillions of dollars collapsed during the financial crisis of 2007–2009 and for many years its volume remained quite low in the European Union, i.a. due to lack of confidence in securitisation products. The purpose of this article is to draw attention to simple, transparent and standardised securitisation (STS securitisation), almost unnoticed in Polish doctrine, being a specific type of securitisation that has appeared lately and develops in the European Union, including Poland, as a way to revive the securitisation. In the course of considerations, after a brief presentation of securitisation, its development and collapse, attention is turned to the Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) no. 1060/2009 and (EU) no. 648/2012 (OJ EU L 347/35) and the premises it contains that must be met so that the securitisation could be designated as “STS” or “simple, transparent and standardised”. The remarks are especially focused on requirements of due diligence, transparency, risk-retention, simplicity and standardisation. The article ends with conclusions on the effectiveness of the adopted solutions in the economic sphere as well as with respect to the unification of securitisation law in the Member States and the restoration of credibility for securitisation in the European Union.</p>

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