This new portal will not only help reduce the unnecessary frictional costs
between insurers, but also reduces time to settle claims.
The targeted reduction in frictional costs
will further improve the competitive landscape and encourage increased trading volumes, the company added.
This could unnecessarily disrupt the marketplace, producing frictional costs
that are not offset by commensurate benefits.
The contract continues indefinitely, reducing frictional costs
and eliminating time consuming administration at renewal.
A successful agreement on trade facilitation at the WTO Ministerial Conference in Bali will particularly benefit SMEs in developing countries, as their competitiveness currently suffers over-proportionally from the frictional costs
Despite the many good reasons to include user communities in their innovation processes, many companies fail to do so, suspecting that the frictional costs
presented by these challenges will outweigh the potential benefits.
Lowering frictional costs
further, particularly in proportion with deal size, would help change this.
Our environment features two key imperfections: (1) contracting constraints that place limits on the complexity of state-contingent payments in risk-transfer contracts and (2) frictional costs
associated with holding risk-bearing assets.
Cooksona[euro](tm)s board has already carried out an initial assessment of frictional costs
related to a separation and concluded that the one-off, upfront cash costs would fall in the range of GBP50m (USD79.
The importance and magnitude of frictional costs
varies from fund to fund, depending on turnover.
occur when insurers have to operate under higher financial costs and capital requirements.
of moving money to and from the subsidiary.