Nowadays, most people say world economy is recovering.
However, there are some doubts that whether the world economy
could fall into a double-dip recession or recovery.
1. What is?
‘Double-dip Recession’
A double-dip recession means that when the economy emerges from the recession with a short period of growth but quickly falls back into recession. It is called ‘W-shaped rece
II. Recent Situation of The Korean Economy
The Korea international trade had suffered much more than the Korean Financial Crisis with the IMF(1997 and 1998) than they had this year. With the constantly fluctuating prices and values for raw materials, exchange rates and the global financial crisis, it was an extremely difficult situation. A sudden rise in exchange rates cause losses in exchange
⑵. 재보험의 필요성
㈎ 위험의 분산(Spread)
보험의 원리는 대수의 법칙(Law of Large Numbers)에서 시작된다. 그러나 대수의 법칙이 전 위험 중에서 사고의 발생도수나 총 손해액 정도는 예측할 수 있어도 어떤 특정한 위험의 사고발생이나 사고발생으로 인한 손해액은 알 수 없다.
또한 대수의 법칙이 동
Introducing the organization and the interviewee
Samsung Life
Since 1957
No.1 insurance company
The manager
(Youngmuk Cheon)
Yonsei Univ.
Wharton School
Asset management
Managing director
Savings bank suspension
: a suspension of banks which are below
standard of BIS capital adequacy ratio
A lot of savings banks
are suspended in 2011
Depositors
more than 50 million won and
subordinated bond-holders
lost their principal
Charter value
: the value of a bank being able to continue to
do business in the future.
Charter value would be lost in case of bankru