Insurance is bought to hedge the risks of the future, which may or may not take place. It is used to hedge against the risk of an uncertain loss. An insurance company, which sells the insurance to insured or policyholder, is called as insurer. The amount charged by insurance company for a certain amount of [...]
Posts Tagged Insurance
A health insurance is a proper and cost effective way for family health. Present world is affected by number of illnesses and disease outbreaks. Swine flu and cases of E. Coli are the common examples of illness outbreaks. So, in the present condition, different insurance companies offer different packages of health insurance. These are the [...]
Zurich financial service announced that it was transferring the majority of its general insurance portfolios to Ireland from Italy, Portugal, and Spain. Zurich Insurance plc (ZIP) is a European Union based risk carrier in Ireland. The intention of transferring general insurance portfolios is to simplify Zurich’s legal structure and improve capital management. Last year the [...]