Insurance
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The insurance industry safeguards the assets of its policyholders by transferring risk from an individual or business to an insurance company. Insurance compa- nies act as financial intermediaries in that they invest the premiums they collect for providing this service. Insurance company size is usually measured by net premiums written, that is, premium revenues less amounts paid for reinsurance. There are three main insurance sectors: property/casualty, life/health and health insuran...
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The insurance industry safeguards the assets of its policyholders by transferring risk from an individual or business to an insurance company. Insurance compa- nies act as financial intermediaries in that they invest the premiums they collect for providing this service. Insurance company size is usually measured by net premiums written, that is, premium revenues less amounts paid for reinsurance. There are three main insurance sectors: property/casualty, life/health and health insuran...