What Is the Benefit-Expense Ratio? The insurance industry uses the benefit-expense ratio to describe the proportion of money taken in by a company compared to the amount paid out in claims. It is a crucial operating metric calculated by dividing a company’s costs associated with providing insurance coverage by the revenues from premiums charged for that coverage. It is
What Is a Benefit Period? A benefit period is the length of time during which an insurance policyholder or their dependents may file and receive payment for a covered event. All insurance plans will include a benefit period, which can vary based on policy type, insurance provider, and policy premium. Most individuals are familiar with the benefit period for healthcare
What Is a Benefits Payable Exclusion? A benefits payable exclusion is a clause in insurance policy contracts that removes the insurer’s responsibility for paying claims related to employee benefits. Specifically, the clause protects the insurer from paying for benefits that could otherwise be paid from an alternative source, such as the employer’s pension plan. Key
What is the Benefits Received Rule The Benefits Received Rule, or benefits received principle, may take one of two related definitions: one as a tax theory; and one as a tax provision. The two definitions are: The Benefits Received Principle, which is a theory of income tax fairness that says people should pay taxes based on the
Benjamin Graham was an influential investor whose research in securities laid the groundwork for in-depth fundamental valuation used in stock analysis today by all market participants. His famous book, The Intelligent Investor has gained recognition as the foundational work in value investing. Key Takeaways Benjamin Graham was an English-born investor and researcher whose work provided the
What Is the Benjamin Method? The Benjamin Method is a term used to describe the investment philosophy of Benjamin Graham (1894-1976), who is credited with inventing the strategy of value investing using fundamental analysis, whereby investors analyze stock data to find assets that have been systematically undervalued. Key Takeaways The Benjamin Method refers to the
What Is a Bequest? A bequest is a financial term describing the act of giving assets such as stocks, bonds, jewelry, and cash, to individuals or organizations, through the provisions of a will or an estate plan. Bequests can be made to family members, friends, institutions, or charities. When real estate is left through a
What Is Berkshire Hathaway? Berkshire Hathaway is a holding company for a multitude of businesses, including GEICO and Fruit of the Loom. It’s run by chair and CEO Warren Buffett. Berkshire Hathaway is headquartered in Omaha, Nebraska. Originally, it was a company comprised of a group of textile milling plants. Buffett assumed control of the
The Berlin Stock Exchange (XBER): An Overview The Berlin Stock Exchange (XBER), also known as the Börse Berlin, is one of the oldest stock exchanges in Germany, founded in 1685. It operates two trading systems, Xontro and Equiduct. International investors use the XBER to trade in stocks, bonds, certificates, warrants, public funds, exchange-traded funds (ETFs)
As Chair and CEO of LVMH (Moët Hennessy Louis Vuitton SA), a luxury goods holding company, Bernard Arnault (born 1949) controls approximately 50% of a massive conglomerate that owns over 70 of the top luxury brands in the world, including Christian Dior, Louis Vuitton, Dom Perignon, Moët et Chandon, Hennessy, Sephora, and TAG Heuer. Arnault
