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Tag Archives: non-life insurance
Risk and Property Insurance
Property insurance is a risk-distributing device. A person puts money called premium to a common fund and distributes his risk to the group. There is no way for a person to know in advance whether he will receive compensation more … Continue reading
Posted in Insurance
Tagged non-life insurance, property insurance, risk management, risks
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What is Non-Life Insurance, part 2
…con’t. Aside from its primary function, property and casualty insurance also has other functions. It stimulates business enterprise—Insurance has made possible and helps maintain the present-day large-scale commercial and industrial organizations. It enables them to use their capital in the … Continue reading
Posted in Insurance
Tagged Insurance, non-life insurance, ondoy, property and casualty insurance
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