In 2005 auto insurance industry in South Korea amounted for 35.2 percent of direct premiums. South Korea auto insurance has not been a profitable industry after financial restructuring of 1983. There has been only two times when it has made profits in underwriting – in 1997 and 1998. Losses in underwriting have normally been offset, either totally or in part, by profits made ininvestments.
in different currencies, it exposes itself to risk. The risk arises because currencies may move in relation to each other. If a firm is buying and selling in different currencies, then revenue and costs can move upwards or downwards as exchange rates between currencies change. If a firm has borrowed funds in a different currency, the repayments on the debt could change or, if the firm has investe
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in the industry. Specially, we concentrate on the companies’ financial statement because we have learned about accounting. We think that we can know the companies’ status or trend through the financial analysis
2. Reason for selecting the industry
The reason we selected the restaurant industry is that restaurant industry is showing improvements and seems poised for long-term growth. A fas
1. What is the "Hedge Fund"
1.1 What is Hedge Fund?
1.1.1 Definition of the "Hedge Fund"
1) What is a hedge fund?
"Hedge fund" is a general, non-legal term that was originally used to describe a type of private and unregistered investment pool that employed sophisticated hedging and arbitrage techniques to trade in the corporate equity markets. Hedge funds have traditionally been limited t