Tier 1 Capital - What is it?
Dear All,
Once again i'd like to throw myself open to the combined brain power available through Accounting Web.
Could somebody explain to me the significance of Tier 1 capital within the assets of say an insurance company?
I am also interested to know to what extent this capital is protected if provided by an outside investor.
Again there is a real reason for asking this question but it is connected with a financial product which cant be named because it would constitute advertising on my part.
Thanks to anyone who can enlighten me.
John
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try google!