For commercial and industrial loans, explain how the credit risk profile of the financial institution changes as a result of issuing a secured loan versus an unsecured loan. Explain how syndicating a loan can reduce credit risk for a financial institution.

What foreign currency activities provide a secondary source of revenue?

What is the greatest cause of liquidity exposure faced by property-casualty insurers? Is the liquidity risk of property-casualty insurers in general greater or less than that of life insurers?