Tag: Business
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Protection and Saving Insurance in brief
These types of insurance policies serve different purposes, with protection insurance focusing on providing financial support in case of death, illness, or disability, while saving insurance aims to accumulate wealth over time through regular contributions. Read more
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Alternative Risk Transfer Mechanisms
Alternative risk transfer mechanisms offer a valuable tool for businesses and individuals seeking to manage and transfer risk effectively. By providing flexibility, capacity, and tailored solutions, ART mechanisms can help to improve risk management, enhance financial stability, and potentially reduce costs. Read more
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Challenges Associated with Energy Insurance
Energy insurance is a specialized type of insurance that covers risks associated with the energy sector, including Read more
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Risks Associated with Using Reinsurance Brokers
Reinsurance brokers play a crucial role in the insurance industry by connecting primary insurers with reinsurers to manage risk effectively. However, there are several risks associated with using reinsurance brokers that companies need to be aware of: Read more
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Insurance Companies with a Probability to Fall in the Future
The insurance sector is not immune to challenges and risks that can lead to the downfall of certain companies. Several characteristics can signal potential trouble for insurance companies, indicating that they may be at risk of falling in the future. Read more
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Survival of the Insurance industry without having Reinsurance
While reinsurance plays a vital role in mitigating risk for insurance companies, there are potential strategies that insurers could adopt to survive without relying on reinsurance Read more
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A Real Insurance Underwriter
How an insurance underwriter can truly embody the essence of their profession and excel in their role. Read more
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Insurance and Reinsurance Brokers: The Legal Necessity of Having a Physical Presence in the Operated Country
One of the primary reasons why insurance brokers and reinsurance brokers should have offices in the country they operate in is related to legal jurisdiction and dispute resolution. Read more
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Reinsurance and Profitability of an Insurance Company (A Symbiotic Relationship)
One essential aspect of the insurance business is reinsurance, which plays a significant role in enhancing the profitability of primary insurers. In this extensive discourse, we delve into the intricacies of reinsurance and its relationship with the profitability of an insurance company. Read more
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Insured Should Ensure in Any Insurance Cover
When obtaining an insurance policy, it is essential for the insured to carefully review the terms and conditions to ensure they have adequate coverage. Here are some key aspects that the insured should make sure to have in any insurance cover: Read more
