Understand – Page 2 – itho's internet resources

Understanding Excess of Loss Reinsurance: Definition, Features, and Benefits

By Itho March 21, 2015

[ad_1] What Is Excess of Loss Reinsurance? Excess of loss reinsurance is a type of non-proportional reinsurance in which the reinsurer indemnifies–or compensates–the ceding company for losses that exceed a…

Understanding the Endowment Effect: Causes, Examples, and Impacts

By Itho February 27, 2015

[ad_1] What Is the Endowment Effect? The endowment effect is a psychological bias where ownership leads individuals to overvalue their possessions, often disregarding their market price. This cognitive flaw, rooted…

Master Guide to Employers’ Liability Insurance: Definition, Coverage, & Limits

By Itho October 19, 2014

[ad_1] What Is Employers' Liability Insurance? Employers' liability insurance provides coverage to workers who have suffered a job-related injury, illness, or death and protects businesses from financial loss due to…

Understand the Expanded Accounting Equation: Detailed Definition & Formula

By Itho September 10, 2014

[ad_1] What Is the Expanded Accounting Equation? The expanded accounting equation is an extension of the basic accounting equation that gives more detail about stockholders' equity. It shows how equity…

Blockchain: What Is It, How It Works, and How It Can Be Used

By Itho June 13, 2014

[ad_1] What Is a Blockchain? A blockchain is a distributed database or ledger shared across a computer network's nodes. While it is best known for its crucial role in…

Bond Yield: What It Is, Why It Matters, and How It’s Calculated

By Itho November 22, 2013

[ad_1] What Is a Bond Yield? A bond yield is the return on the capital invested in a bond. The yield matches the bond's coupon rate when the bond…