banks' major responsibility, as the largest financial intermediaries, is to provide and allocate resources. this activity has its own risks which cause banks to seek ways of preventing or transferring them to other places. islamic banks as substitutes of conventional banks in islamic countries have, in their turn, faced similar risks. in regard to new evolutions in banking industry and man...

insurer companies frequently reinsure part of their risks before reinsurers. the question of right of action of the insured against the reinsurer then arises. the common response to this question is negative because of the principle of the privacy of contracts. however, courts, particularly in the united states, have recognized this direct action on various grounds, especially in case of insolv...

The increase in births within cohabitation in the United States and across Europe suggests that cohabitation and marriage have become more similar with respect to childbearing. However, little is known about additional childbearing after first birth. Using harmonized union and fertility histories from surveys in 15 countries, this study examines second conception risks leading to a live birth f...