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    Deposit insurance keeps your money safe when you put it in a bank. It stops you from losing your savings if your bank runs into trouble or closes down. Many countries around the world have deposit insurance systems to protect people’s money and make them feel secure about using banks. How Deposit Insurance Works Banks…

  • What is a Carry Trade?

    A carry trade is a type of trading or investment where you borrow money at a low interest rate. Then, you use that borrowed money to buy something else that will make more money than the interest you have to pay. The goal is to make a profit. How Carry Trades Work Carry trades take…

  • Govt extends new pension fund choices

    India approved two additional pension investment choices for federal workers on Friday. The Finance Ministry extended LC75 and BLC options under the National Pension System and Unified Pension Scheme. Workers requested access to investment varieties similar to those available outside government employment. The changes allow participants to select equity allocations up to 75 percent that…

  • Clash Cover in Reinsurance

    Insurance companies face interesting challenges when multiple claims hit them from the same event. This happens more often than people might think. Clash cover is a special type of reinsurance that helps insurance companies handle these situations. When two or more claims come from one event, clash cover provides extra protection for insurance companies that…