A financial metric used to evaluate a company's financial leverage by comparing its total liabilities to its shareholders' equity, with a touch of humor!
Delta is a key risk metric that estimates the change in the price of a derivative, particularly options, in response to changes in the underlying asset's price.
Facultative reinsurance is a type of reinsurance that covers individual risks owned by a primary insurer, offering more focused and specific coverage compared to treaty reinsurance.