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This model has the advantage of offering microinsurance schemes full control, yet the disadvantage of higher risks. Provider-driven model: The healthcare provider is the microinsurance scheme, and similar to the full-service model, is responsible for all operations, delivery, design, and service. There is an advantage once more in the amount of ...
As usual, the United States was the country with the largest insurance market with $2.959 trillion (43.6%) of direct premiums written, with the People's Republic of China coming in second at only $697 billion (10.3%), Japan coming in third at $337 billion (5.0%), and the United Kingdom coming in fourth at $363 billion (5.4%). [63]
Adaptive cruise control does not provide full autonomy: the system only provides some help to the driver, but does not drive the car by itself. [3] For example, the driver is able to set the cruise control to 55mph, if the car while traveling that speed catches up to another vehicle going only 45mph, the ACC will cause the car to automatically brake and maintain a safe distance behind the ...
"Fintech", a clipped compound of "financial technology", refers to the application of innovative technologies to products and services in the financial industry.This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as ...
Flooding resulting from Hurricane Katrina. Nationwide, only 20 percent of American homes at risk for floods are covered by flood insurance. [2] Most private insurers do not insure against the peril of flood due to the prevalence of adverse selection, which is the purchase of insurance by persons most affected by the specific peril of flood.
Average true range (ATR) is a technical analysis volatility indicator originally developed by J. Welles Wilder, Jr. for commodities. [1] [2] The indicator does not provide an indication of price trend, simply the degree of price volatility. [3] The average true range is an N-period smoothed moving average (SMMA) of the true range values. Wilder ...
ECMWF aims to provide accurate medium-range global weather forecasts out to 15 days and seasonal forecasts out to 12 months. [11] Its products are provided to the national weather services of its member states and co-operating states as a complement to their national short-range and climatological activities, and those national states use ECMWF's products for their own national duties, in ...
High dynamic range (HDR), also known as wide dynamic range, extended dynamic range, or expanded dynamic range, is a signal with a higher dynamic range than usual. The term is often used in discussing the dynamic ranges of images , videos , audio or radio .