757184
Beschreibung
Notiz von Mark Varela, aktualisiert more than 1 year ago
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Zu Notiz kopiert von Mark Varela
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Seite 1
Protect physical assets
Protect earnings & profit potential
Protect financial transactions
Premiums are pooled by the insurer to invest to grow value of reserves against inflation.Key person policies allow companies to insure against death or long-term illness of individuals vital to income stream of company.Risks too big to be covered by a single insurer are assessed & accepted but then passed to a reinsurance company for a proportion of the premium. Lloyd's of London offer a specialist insurance & reinsurance market through its underwritiing syndicates.Derivatives are used to offset losses when protecting financial transactions.
Insurance & risk management
Notes
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