Shirl A loss portfolio transfer (LPT) is an insurance transaction in which an insurer sells a block of business to another insurer. The transaction is typically done to transfer risk to another insurer, or to free up capital for the selling insurer. LPTs can be done on a voluntary basis, or they can be involuntary (forced) … Read more
The Import and Export Price Indexes (MXP) measure the changes in prices of a basket of imported and exported goods and services. The indexes are calculated using data from the National Accounts and are released monthly. The import and export price indexes are important indicators of inflation and can be used to measure the competitiveness … Read more
An account balance is the sum total of all the money in an account, including any interest that has accrued. For checking accounts, the account balance is the amount of money available to the account holder to spend. The account balance is also used to calculate minimum monthly payments on credit cards and other types … Read more
