Solvency Compendium
DOWNLOAD
READ ONLINE
Download Solvency Compendium PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Solvency Compendium book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Solvency Compendium
DOWNLOAD
READ ONLINE
Author :
language : en
Publisher: Andrew Smith
Release Date : 2008-07
Solvency Compendium written by and has been published by Andrew Smith this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-07 with categories.
A solvency opinion provides assurance to a company's Board of Directors and/or the lenders that the transaction will not likely subject the Company and its unsecured and other creditors to undue financial distress. Houlihan will undertake a solvency opinion engagement for companies involved in highly leveraged transactions. Examples include leveraged buyouts, leveraged recapitalizations, leveraged dividends or other such situations where there may be minimal equity involved. Houlihan has also completed solvency opinions for spin-off transactions in conjunction with capital restructuring and significant debt refinancing.The Federal Bankruptcy Code defines "insolvent" as the condition in which the total of a person's debts exceeds the value of its property at a fair valuation. Recent case law suggests that the fair valuation of property is its value on a going-concern basis. A solvency letter expresses an independent expert opinion on a borrower's ability to remain solvent under the burden of additional liability, to pay debts as they mature, and to continue operations as a going-concern in dynamic economic conditions.In connection with a leveraged recapitalization, interested parties such as new secured lenders and sellers will often, due to fraudulent conveyance concerns, seek an independent determination and opinion as to the impact of the acquisition debt on working capital, cash flow, and equity value. Houlihan is highly familiar with the Tests of Capitalization and Solvency and is able to efficiently and cost-effectively provide analysis that provides a layer of comfort to interested parties.
Solvency Opinions
DOWNLOAD
READ ONLINE
Author : Andrew Smith
language : en
Publisher: Andrew Smith
Release Date : 2008-07
Solvency Opinions written by Andrew Smith and has been published by Andrew Smith this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-07 with categories.
Solvency Opinions Asolvency opinion, by design, aims to assure the directors of the Company, and/or the lenders in the transaction, that the transaction will not likely subject the Company, and its? other creditors, to undue financial distress. Houlihan Smith
Solvency
DOWNLOAD
READ ONLINE
Author : Arne Sandstrom
language : en
Publisher: CRC Press
Release Date : 2005-09-19
Solvency written by Arne Sandstrom and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-09-19 with Mathematics categories.
Until now there were no published analyses of the recent solvency work conducted in Europe, specifically the risk categories proposed by the International Actuarial Association (IAA). Answering the insurance industry's demand in the wake of the EU Solvency II project, Solvency: Models, Assessment and Regulation provides a concrete summary and review of solvency and inspires additional work in the field. Following an introduction to the concept, the first section of the book provides a historical review of solvency, detailing solvency regulation and accounting within the EU. A review of the steps leading to Solvency II looks at accounting, supervision, the actuarial field, the first phase of Solvency II, international approaches to banking, and the solvency systems of 12 major nations. The second section explores the current basis for solvency modeling, focusing on the valuation of assets and liabilities, dependency and various conservative approaches, as well as a baseline and benchmark approach. This section also provides examples of risk structure and the effects of diversification. The final section discusses groups and internal modeling as it relates to EU Solvency II. It addresses insurance groups, financial conglomerates, reinsurance, the importance of internal modeling and stress testing, and the current state of the second phase of EU Solvency II.
Handbook Of Solvency For Actuaries And Risk Managers
DOWNLOAD
READ ONLINE
Author : Arne Sandström
language : en
Publisher: CRC Press
Release Date : 2016-04-19
Handbook Of Solvency For Actuaries And Risk Managers written by Arne Sandström and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-19 with Business & Economics categories.
Reflecting the author's wealth of experience in this field, Handbook of Solvency for Actuaries and Risk Managers: Theory and Practice focuses on the valuation of assets and liabilities, the calculation of capital requirement, and the calculation of the standard formula for the European Solvency II project.The first three sections of the book examin
European Insolvency Practitioners Handbook
DOWNLOAD
READ ONLINE
Author : Sir Kenneth Cork
language : en
Publisher: Springer
Release Date : 1984-06-18
European Insolvency Practitioners Handbook written by Sir Kenneth Cork and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984-06-18 with Law categories.
Reducing The Risks Of International Insolvency
DOWNLOAD
READ ONLINE
Author :
language : en
Publisher:
Release Date : 2000
Reducing The Risks Of International Insolvency written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Bank failures categories.
Compendium Of Insurance Law
DOWNLOAD
READ ONLINE
Author : Robert Merkin
language : en
Publisher: CRC Press
Release Date : 2013-08-22
Compendium Of Insurance Law written by Robert Merkin and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-22 with Law categories.
The Compendium of Insurance Law consolidates diverse insurance law sources, statutes and codes of practice in one comprehensive volume. Each piece of legislation is supplemented by detailed annotations, which explain the operation and relationship of the legislation with other sources of insurance law. The book is filled with comprehensive coverage of legislation relating to the following areas: regulation, reinsurance, life assurance, property insurance, marine insurance, liability insurance, motor insurance, insurance intermediaries, insurance contracts and competition.
Compendium Of Major Issues In Bank Regulation
DOWNLOAD
READ ONLINE
Author : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
language : en
Publisher:
Release Date : 1975
Compendium Of Major Issues In Bank Regulation written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Banks and banking categories.
Fairness Opinions
DOWNLOAD
READ ONLINE
Author : Andrew Smith
language : en
Publisher: Andrew Smith
Release Date : 2008-04-03
Fairness Opinions written by Andrew Smith and has been published by Andrew Smith this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-03 with categories.
Fairness Opinions A fairness opinion, by definition, is a letter prepared by an experienced investment banker, or business appraiser, that states whether or not a transaction'from a financial point of view'is fair. The fairness opinion speaks to the ?fairness? of the financial terms of a transaction, as of a specific date, and given a set of assumptions.1 ?Fairness? in this context, parallels the notions of unbiased, impartial, and just. As denoted by the colloquial term ?fair play? or the business phrase ?an arm's length transaction,? a fairness opinion represents whether a deal is fair to shareholders, particularly a company's minority shareholders, all material matters and circumstances considered.
Compendium Of Major Issues In Bank Regulation Printd For The Use Of 260
DOWNLOAD
READ ONLINE
Author : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
language : en
Publisher:
Release Date : 1975
Compendium Of Major Issues In Bank Regulation Printd For The Use Of 260 written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with categories.