Iaa Paper Insurance Liabilities – Valuation & Capital Requirements General Overview of a Possible Approach
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چکیده
Unfortunately the fair value of a liability that is not actively or efficiently traded is not readily ascertainable through a financial market. This is in contrast to publicly traded assets such as bonds and stocks. However various approaches can be taken to determine estimates of such values based on discounted cash flow (DCF) techniques. Such techniques are also used to determine the fair value of assets either explicitly or implicitly.
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