4insure |
| Posted: 04 Mar 2012 02:43 PM PST For an insurance company their investment income is the amount of money earned from premiums and any other investments they hold after the deduction of claims and benefits paid out to their policy holders. Investment income is thus a representation of the profitability of an insurance company, the higher the level of investment income the [...] Post from: 4insure |
| Posted: 04 Mar 2012 02:40 PM PST Over time the pricing of goods and services in an economy will generally increase, this is known as inflation. Inflation is important because as it occurs it erodes the specific value of money and thus causes a drop in purchasing power per unit of currency. For example if the rate of inflation in any one [...] Post from: 4insure |
| Posted: 04 Mar 2012 02:37 PM PST In general terms indemnity is compensation paid by one party to another party in respect of a particular loss sustained by the receiving party. The indemnitor (the party who pays the compensation) does not have to be responsible for the loss of the other party though they may be. There are many different forms that [...] |
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