What Is a Solvency Capital Requirement (SCR)? A solvency capital requirement (SCR) is the total amount of funds that insurance and reinsurance companies in the European Union (EU) are required to hold. SCR is a formula-based figure calibrated to ensure that all quantifiable risks are considered, including non-life underwriting; life underwriting; health underwriting; and market, credit, operational,…
In the crowd of first names authorized by the Civil Registry there are some really weird things, the proof is that having an original first name is not always a godsend. But if you want to play around with rarity, here is a non-exhaustive list of the rarest first names given in France. I warn…
It is always said that the best go first but thanks to the magic of cinema they often come back from the dead. Obi Wan Kenobi is lucky to belong to those we don’t want to see go. If he matters to you and you couldn’t get over his death (small spoiler, oops), here’s the…
Imagine a scenario in which you are ready to sell your car, which you now own free and clear, only to be told by your lender that you cannot sell it until you pay off another unsecured loan you have with the same lender. In essence, you are being told by the lender that you…
Some artists are forever marked by one of their works, the one that remains and defines them in the eyes of the world; it’s cruel but that’s how it is, sorry. If certain writers, painters or musicians are convincing examples of this, we are going to concentrate here on the actors, because on the one…
In life, there are things not to say. Like “The tuna juice is delicious”, “the neighbor is buried under the shed, if you’re looking for him” or old phrases that young people can no longer hear. But you can also add to your list those absurd/horrible/awkward questions that no one, I mean no one, has…
We would all like to have a job that pays well and a nice boss, but the reality is often more unpleasant (not to say completely rotten uc). When looking for a job, we more often come across crappy advertisements than quality job offers. More often on disgusting salaries and absurd demands than on nuggets…
It’s all very well to write stories or essays, but we too often forget that works are confronted with this terrible scourge: interpretation. Between what we want to say, what we think we are saying, what we are really saying, what we believe that people have understood, what people have really understood and what they…
What Is Tax Indexing? Tax indexing is the adjustment of the various rates of taxation in response to inflation and to avoid bracket creep. Bracket creep occurs when inflation drives income into higher tax brackets, resulting in higher income taxes but no real increase in purchasing power. Tax indexing attempts to eliminate the potential for…