exchange risk premium

基本解释

RMB exchange rate has a quicker response to information after the reform. The return has neither a characteristic of leverage effect nor a risk premium effect.
滙改後，人民幣滙率對信息反應速度有所提高，既不存在杠杆傚應，也不存在風險溢價傚應。
Sometimes the underwriter wants to share some of the risk and he will do this by a process of reinsurance whereby he passes a risk to another insurer in exchange for part of the premium.
有時承銷商希望分享一些風險，他會做的再保險的過程中，使他換取保費的一部分傳遞到另一家保險公司的風險。
Insurance companies are in the business of assuming risk on behalf of their customers in exchange for a fee, called premium.
保險公司從事之業務就是代表客戶承擔危險，作爲互換，公司曏客戶收取費用--保險費。

There would, on the other hand, be a useful fall in interest rates, because investors would no longer demand a premium for the risk that the exchange-rate peg would be broken.
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