What Is Underwriting Risk In Insurance and Securities?

Underwriting risk is a major factor in the insurance and securities industries. It is the risk that an insurer or securities issuer will incur losses due to the inability to accurately assess the risk of a particular policy or security. This article will discuss the various types of underwriting risk, the methods used to assess and manage this risk, and the potential consequences of failing to properly manage underwriting risk. It will also provide insight into how insurers and securities issuers can reduce their exposure to underwriting risk and ensure that their products are properly priced and managed.

Read more
What is the Securities Exchange Act of 1934?
August 19, 2023 - Improve Company Governance

The Securities Exchange Act of 1934 is a federal law that regulates the trading of securities in the United States. It was enacted in response to the stock market crash of 1929 and the Great Depression. The Act requires the registration of all securities exchanges, brokers, and dealers, and sets forth rules and regulations for the trading of securities. The Act is an important part of the U.S. securities regulatory framework, and its provisions are essential for the protection of investors and the integrity of the securities markets.

Read more
Who Sets Work Instruction Standards?
July 15, 2023 - Write Better Procedures

In today’s fast-paced world, work instructions are key for efficient and effective workplaces. These standards are usually set by industry experts or regulatory bodies and form the basis of operations. Who Sets Work Instruction Standards?┬áVarious entities. Professional organizations specialize in a certain field or industry. They bring together experts to create best practices and standards.

Read more