The world’s 100 largest banks by total assets

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In the last years there have been many important events that have led to changes in the ranking of world’s banks by total assets. Some of the banks have risen in position, while others have lost positions. Also, many of them have gotten bigger, while others have gotten smaller. In this article we’re going to see which banks have become the largest and most important and which have become the smallest and less important. The ranking of the biggest world’s banks is built according to banks’ total assets, which are the assets owned by the entity that has economic value… Continue reading

The world’s 70 largest insurance companies by total assets

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In the last years there have been many important events that have led to changes in the ranking of world’s insurance companies by total assets. Some of the insurance companies have risen in position, while others have lost positions. Also, many of them have gotten bigger, while others have gotten smaller. In this article we’re going to see which insurance companies have become the largest and most important and which have become the smallest and less important. The ranking of the biggest world’s insurance companies is built according to insurance companies’ total assets, which are the assets owned by the… Continue reading

How does life insurance work?

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A life insurance policy is a contract with an insurance company. In exchange for premium payments, the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries upon the insured’s death. Typically, life insurance is chosen based on the needs and goals of the owner. Term life insurance generally provides protection for a set period of time, while permanent insurance, such as whole and universal life, provides lifetime coverage. It’s important to note that death benefits from all types of life insurance are generally income tax-free. Everyone knows why life insurance is important, but many of us… Continue reading

The world’s 50 largest companies by total assets

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In the last years there have been many important events that have led to changes in the ranking of world’s companies by total assets. Some of the companies have risen in position, while others have lost positions. Also, many of them have gotten bigger, while others have gotten smaller. In this article we’re going to see which companies have become the largest and most important and which have become the smallest and less important. The ranking of the biggest world’s companies is built according to companies’ total assets, which are the assets owned by the entity that has economic value… Continue reading

Everything about startups

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A startup is simply a new company; a business that has been recently created. However, for the last five years, many business schools around the world have come up with a different academic definition for what a startup truly is. The definition of a ‘startup’ that is most accepted by business schools was defined by Steve Blank, a serial entrepreneur and professor at business schools such as Stanford, Berkeley and Imperial College. The definition is as follows: a startup is “a temporary organization designed to look for a business model that is repeatable and scalable.” While a company is “a… Continue reading

Top 52 largest banks in the US by total assets

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In the last years there have been many important events that have led to changes in the ranking of Us banks by total assets. Some of the banks have risen in position, while others have lost positions. Also, many of them have gotten bigger, while others have gotten smaller. In this article we’re going to see which banks have become the largest and most important and which have become the smallest and less important. The ranking of the biggest Us banks is built according to banks’ total assets, which are the assets owned by the entity that has economic value… Continue reading

Top 51 largest insurance companies in the US by total assets

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In the last years there have been many important events that have led to changes in the ranking of Us insurance companies by total assets. Some of the insurance companies have risen in position, while others have lost positions. Also, many of them have gotten bigger, while others have gotten smaller. In this article we’re going to see which insurance companies have become the largest and most important and which have become the smallest and less important. The ranking of the biggest Us insurance companies is built according to insurance companies’ total assets, which are the assets owned by the… Continue reading

Current account: definition and types

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Current bank accounts are very popular among companies, firms, public enterprises, businessmen who generally have higher number of regular transactions with the bank. The current account includes deposits, withdrawals, and contra transactions. Such accounts are also called the Demand Deposit Account. A Current account can be opened in most of the commercial banks. A current account being a zero-account, is generally associated with huge transactions on a regular basis. Because of the fluidity that these accounts offer, they don’t earn any interest. These also usually do not carry a limit on the number of transactions which can be made. Let’s… Continue reading

What you need to know about mortgage insurance

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Mortgage insurance is an insurance policy that protects a mortgage lender or titleholder if the borrower defaults on payments, passes away, or is otherwise unable to meet the contractual obligations of the mortgage. It can refer to private mortgage insurance (PMI), qualified mortgage insurance premium (MIP) insurance, or mortgage title insurance. What these have in common is an obligation to make the lender or property holder whole in the event of specific cases of loss. Mortgage insurance may come with a typical pay-as-you-go premium payment, or it may be capitalized into a lump-sum payment at the time of mortgage origination…. Continue reading

Top 50 largest companies in Europe by total assets

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In the last years there have been many important events that have led to changes in the ranking of European companies by total assets. Some of the companies have risen in position, while others have lost positions. Also, many of them have gotten bigger, while others have gotten smaller. In this article we’re going to see which companies have become the largest and most important and which have become the smallest and less important. The ranking of the biggest European companies is built according to companies’ total assets, which are the assets owned by the entity that has economic value… Continue reading