What is 'Calendar Year Experience' The underwriting result based on earned premiums and booked incurred losses for the same calendar-year accounting period....
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Event studies in economics and financewww.jstor.org ECONOMISTS are frequently asked to...
Learning About the Committee on Payment and Settlement Systems The Committee on Payment and Settlement Systems consists of the central banks of the G10...
What is 'Calamity Call' A call feature of a Collateralized Mortgage Obligation (CMO) designed primarily to reduce the issuer's reinvestment risk. If...
What is 'Pass-Through Security' A pass-through security is a pool of fixed-income securities backed by a package of assets. A servicing intermediary...