Insurance and SCT Instant: Difference between pages

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imported>Doug Williamson
(Expand 3rd definition.)
 
imported>Doug Williamson
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1.  ''Risk management - transferring & pooling risk - commercial.''
''Single Euro Payments Area (SEPA)''.


A contract designed to provide protection against specified types of risk or loss, by paying out to the insured party in the event that the insured loss occurs.
SEPA's Instant Credit Transfer Scheme.
Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance.
 
 
2.  ''Risk management - transferring & pooling risk - commercial.''
 
The act or structure of providing insurance on a commercial basis, or of buying it.
 
 
3.  ''Risk management - market stability - regulation.''
 
The actions or structures of a regulator or supervisor to ensure market stability, whether or not they are provided on commercial terms.
 
For example, the liquidity insurance provided by the Bank of England in acting as a lender of last resort for banks and other financial market participants.
 
Retail deposit insurance is another example.




== See also ==
== See also ==
* [[Assurance]]
* [[Instant Credit Transfer Scheme]]
* [[Captive insurance company]]
* [[SEPA credit transfer]]
* [[Chartered Insurance Institute]]
* [[SEPA direct debit]]
* [[Deposit insurance]]
* [[Single Euro Payments Area]]
* [[Financial Conduct Authority]]
* [[Fixing instrument]]
* [[Force majeure]]
* [[GI]]
* [[Hedging]]
* [[HMO]]
* [[IAIS]]
* [[ILS]]
* [[Insurable]]
* [[Insurance risk]]
* [[Insure]]
* [[Lender of last resort]]
* [[Liquidity insurance]]
* [[National Insurance]]
* [[Option]]
* [[Premium]]
* [[Price walking]]
* [[Regulation]]
* [[Reinsurance]]
* [[Risk]]
* [[Risk management]]
* [[Risk response]]
* [[Supervision]]
* [[Trade credit insurance]]
* [[Transfer]]
* [[Underwriting]]


[[Category:Financial_risk_management]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Latest revision as of 06:06, 14 April 2019

Single Euro Payments Area (SEPA).

SEPA's Instant Credit Transfer Scheme.


See also