Banking and Insurance
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Set of flashcards Details
| Flashcards | 40 |
|---|---|
| Language | Deutsch |
| Category | Finance |
| Level | Other |
| Created / Updated | 30.06.2014 / 06.03.2024 |
| Licencing | Not defined |
| Weblink |
https://card2brain.ch/box/banking_and_insurance
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How high is the premium volume of Swiss private industry?
CHF 119,8 Billion abroad
CHF 58,9 billion in Switzerland
Price per Earnings for banks in Switzerland 2012?
9.76x
What's the job of reinsurances?
- sharing risks to keep prices affordable
- against all risks
- reducing risk exposure and own cash requirement
- protection of balance sheet
- reducing volatility
what are the main methods of the relative valuation models?
- free cash flow method (DCF)
- dividend discount model (DDM)
- Multiples
off balance sheet operations
contingent liabilities (e.g. guarantees), liabilities for calls on shares, open derivative contracts, fiduciary transactions
--> not in balance sheet, but separately reported and underpinned with equity
What's the P/S
Price per sales/revenues
not as volatile as P/E, harder to manipulate, 1.56x for banks (2012)
usually the lower the better
What's the funded status?
Assets/Liabilities (should be >1)
what are the cognitive errors?
conservatism bias
framing bias
availability bial
