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19 sty 2022 · Political risk insurance (PRI) is an important tool for companies with investments in emerging markets to help ensure they are adequately protected against certain risks. PRI policies generally cover losses a foreign investor might suffer as a result of adverse action or inaction by the host country’s government.
22 gru 2020 · These features include whether insurers should bear any risk through a reinsurance mechanism, making insurer participation voluntary or mandatory, indemnity versus parametric claims payments, and uniform versus risk-adjusted rates.
17 lut 2023 · We propose in this paper that a ‘Pandemic Business Interruption Re’ (PBIRe) would enable insurers, with encouragement and support from government, to insure at a reasonably affordable premium rate, risks so large that they would be considered otherwise uninsurable.
Begun in 1968, the Federal Crime Insurance Program was intended to provide coverage for homeowners and small businesses located in neighborhoods with high crime rates, primarily because private insurance for burglary or robbery was not available at affordable rates for these risks.
10 lis 2016 · In this chapter we have seen how insurance companies assume risks from their customers and how they manage that risk. They use sophisticated techniques to analyse, measure, and manage individual risks, such as specific insurance, financial, and operational risks.
The major additional costs to insurance companies, other than the payment of claims, are the costs of running a business: the administrative costs of hiring workers, administering accounts, and processing insurance claims.
8 cze 2024 · Introduction to Insurance Reserves. Insurance reserves are a critical component of the financial stability and solvency of risk retention groups (RRGs). These reserves represent the funds that an insurance company, or in this case, an RRG, sets aside to pay future claims.
