Latest blog articles
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The pain and suffering of accident victims does not have a price and, in claims for damages, no fixed economic value. Thus, quantifying the amount of money needed to compensate for pain and suffering is a subjective exercise often influenced by adjudicators’ biases.
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Written by Yu Yan & Michael Faure.
The Chinese word “economy” is originated from a famous idiom called “经世济民” (jing shi ji min), which suggests that a prosperous society is not only about economic success but also about the financial well-being of the general population. Microinsurance (the...