Whois & Analysis for financialguide.com

Founded in 1851, Massachusetts Mutual Life Insurance Company (MassMutual) is an American mutual life insurance company with 1,800 offices and 13 million clients worldwide.

MassMutual is one of the largest life insurance companies globally and was ranked 76th in the Fortune 500 list (as of 2017).

The company has revenues of $25 billion (2010) and assets under management of $448 billion (2010).

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, uncertain loss.

In finance, leverage (sometimes referred to as gearing in the United Kingdom and Australia) is any technique involving the use of borrowed funds in the purchase of an asset, with the expectation that the after tax income from the asset and asset price appreciation will exceed the borrowing cost.

Normally, the finance provider would set a limit on how much risk it is prepared to take and will set a limit on how much leverage it will permit, and would require the acquired asset to be provided as collateral security for the loan.

For example, for a residential property the finance provider may lend up to, say, 80% of the property's market value, for a commercial property it may be 70%, while on shares it may lend up to, say, 60% or none at all on some shares.

In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans.

This often includes a budget which organizes an individual's finances and sometimes includes a series of steps or specific goals for spending and saving in the future.

This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings.

A financial plan is sometimes referred to as an investment plan, but in personal finance a financial plan can focus on other specific areas such as risk management, estates, college, or retirement.

Financial risk management is the practice of economic value in a firm by using financial instruments to manage exposure to risk, Operational risk, credit risk and market risk.

Other types include Foreign exchange risk, Shape risk, Volatility risk, Liquidity risk, Inflation risk, Business risk, Legal risk, Reputational risk, Sector risk etc.

Similar to general risk management, financial risk management requires identifying its sources, measuring it, and plans to address them.