St. Gallen, Switzerland

Executive MBA HSG in Financial Services and Insurance

Table of contents

Executive MBA HSG in Financial Services and Insurance at HSG

Language: English Studies in English
Subject area: economy and administration
University website: www.unisg.ch/

Definitions and quotes

Financial Services
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers and some government-sponsored enterprises. Financial services companies are present in all economically developed geographic locations and tend to cluster in local, national, regional and international financial centers such as London, New York City, and Tokyo.
Insurance
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
Insurance
Unemployment insurance is a pre-paid vacation for freeloaders.
Ronald Reagan in: Mark Baddeley A Qualitative Study of Coping with Unemployment, ProQuest, 2009, p. 26.
Insurance
Life insurance became popular only when insurance companies stopped emphasizing it as a good investment and sold it instead as a symbolic commitment by fathers to the future well-being of their families.
James Surowiecki in:The New Yorker, Volume 82, Issues 12-19, F-R Publishing Corporation, 2006, p. 28.
Insurance
Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history.
Dwight D. Eisenhower in: Joe Soss, et al., Remaking America: Democracy and Public Policy in and Age of Inequality, Russell Sage Foundation, 8 November 2007, p. 149.
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