Insurance

The tendency to swing between profitable and unprofitable periods over time is commonly  known as the underwriting or insurance cyc...

Global insurance premiums grew by 2.7% in inflation-adjusted terms in 2010 to $4.3 trillion,  climbing above pre-crisis levels. The...

Underwriting and investing The business model is to collect more in premium and investment income than is paid out in  losses, ...

Insurance can have various effects on society through the way that it changes who bears the cost  of losses and damage. On one ha...

Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange  for payment. It is a form of risk ...