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MPLManager Première Ligne (French: First Line Manager)
References in periodicals archive ?
However, even if no collections take place and it takes the maximum possible loss, it will remain capitalised well in excess of regulatory requirements.
It's not the same as the maximum possible loss since not all expenses that may discontinue are excluded from the coinsurance basis and it covers the entire twelvemonth period starting with policy inception, not the estimated restoration period.
Within its large risks portfolio, AXA is also active in marine offerings apart from property (up to $270 million maximum possible loss (MPL)) and construction (up to $200 million MPL).
First, he pointed out, book of business ITV is inadequate to maximum possible loss (MPL).
Then when that flopped, I deposited another pounds 300 (by now revising my maximum possible loss to pounds 1,000) and had half of it on Nyla Fantasy at 2.
On the one hand, if I am wrongly bullish about Apple, I could lose the whole of my investment--all of the $1,000--if Apple goes bankrupt and the stock becomes worthless, but, on the other hand, the maximum possible loss on a short sale is unlimited, because if my bearishness proves unfounded and the stock price rises, I lose $1 for every $1 rise in the price, multiplied by the number of shares that I shorted.
In all models, the proportion of the maximum possible loss insured declines as the probability of loss increases.
Not only is there no maximum possible loss, but there is no accurate way of estimating an individual insurer's loss potential, because of these three factors.
No end of ISA-driven investors, lured by dizzy tables of past performance, took the maximum possible loss.
Risk Control: The estimated maximum possible loss has to be viewed in relation to the financial strength of the company and its goal.
It is important to note that the loss disclosed is the maximum possible loss and represents the worst case scenario in which all counterparties fail to perform and the collateral is worthless.
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