When you simply absolutely do not want to hold Euros, when anything else is more palatable, when you just can’t take the risk of an entire system crumbling and want to be able to sleep at night, pay someone to hold onto your Danish Krone.
Published by David Kirk
The opinions expressed on this site are those of the author and other commenters and are not necessarily those of his employer or any other organisation. David Kirk runs Milliman’s actuarial consulting practice in Africa. He is an actuary and is the creator of New Business Margin on Revenue. He specialises in risk and capital management, regulatory change and insurance strategy . He also has extensive experience in embedded value reporting, insurance-related IFRS and share option valuation. View more posts