Assets generate income and appreciate in value, while liabilities drain resources and depreciate over time. Do you want to improve your net worth? Probably so. But if you’re like many people, you ...

Net worth and liquid net worth are related financial concepts that provide different insights into your financial picture. Net worth represents the value of everything you own minus what you owe, ...

Donald Trump’s net worth stands at $7.3 billion, boosted by cryptocurrency ventures, real estate, media holdings, and a revived licensing business. His portfolio includes golf clubs, hotels, ...

This chapter discusses the valuation of assets and liabilities under Solvency II. Given that strategic asset allocation and investment management are key aspects of an insurer’s business, especially ...

The Financial Accounting Standards Board has decided to tweak some of its standards related to contract assets and liabilities for construction contractors in response to recommendations from its ...

Crypto’s financial system needs a new standard of verification: cryptographic proofs replace black-box claims as stablecoins, tokenized treasuries and structured financial products scale ...

In these “funded reinsurance” deals, both insurance liabilities and the assets backing them are ceded to a reinsurer, often in a foreign jurisdiction such as Bermuda. The BoE is worried that this is a ...

Minister of Trade, Commerce, Food Security and Cooperative Development Wasantha Samarasinghe has come under fire in social ...

Opposition Leader Sajith Premadasa has made a written request from the Commission to Investigate Allegations of Bribery or ...

New disclosures reveal that Saikat Chakrabarti, a former Stripe engineer who was AOC's first chief of staff, is worth at ...