Capital budgeting is the evaluation and selection of long-term investments on the basis of their costs and potential returns. The process provides a framework for formulating and implementing the ...

Flow reinsurance, or the reinsurance of new policy sales, has become an increasingly popular tool in the life and annuity reinsurance market. These transactions are attractive to ceding insurance ...

TOPSHOT - A woman wades through flood waters at an inundated residential area in Garissa, on May 9, 2024. Kenya is grappling with one of its worst floods in recent history, the latest in a string of ...