Showing posts with label insurance sector. Show all posts
Showing posts with label insurance sector. Show all posts

Sunday, 23 February 2014

Let insurance carry your risk

Insurance is the transfer of risk from people & corporate institutions to professional risk carriers, bearers – the insurance companies. Every one of us is exposed to one risk or the other because life is full of risks and all these risks can be identified, quantified and handled by insurance transfer mechanism. So when risks materialise, they lead to financial losses, and if risks are not managed in a scientific manner, it could ruin anybody, any business, any nation, and any economy. That is why all over the world people have come to