Hannover, Germany

Banking and Insurance Industries

Bank- und Versicherungswesen

Bachelor's
Table of contents

Banking and Insurance Industries at University of Applied Sciences and Arts in Hannover

Language: GermanStudies in German
Subject area: economy and administration
Qualification: Bachelor
Kind of studies: part-time studies
dual studies dual studies
University website: www.hs-hannover.de

Definitions and quotes

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.
Banking
I am just a banker "doing God’s work".
Lloyd Blankfein, CEO, Goldman Sachs, 2009 statement. Source: Wall Street Journal, May 2010.
Banking
And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.
Thomas Jefferson, 3rd US President, in a letter to John Taylor in 1816 [1].
Insurance
Insurance - an ingenious modern game of chance in which the player is permitted to enjoy the comfortable conviction that he is beating the man who keeps the table.
Ambrose Bierce in:The Unabridged Devil's Dictionary, University of Georgia Press, 1 December 2001, p. 133.
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