1.Explain the following financial risks: interest rate risk, market risk, credit risk, and currency risk.How would a global insurance company, for example John Hancock, possibly manage each one of these risks; provide current assumptions and figures in your answer.

2.You are a claims specialist for YYZ Insurance Company and your policyholder has purchased a trampoline to be placed in their backyard.They tell the neighbor's kids they cannot use the trampoline, but while the policyholder was on vacation one of the neighbor's kids jumped on the trampoline and fell, breaking his arm.Who is negligent?Include in your answer a review of the four elements that prove negligence.

3.Explain a CGL policy.Include the different parts of the policy and also explain how it's different from a BPP policy.