Hi Tech & Innovation

Student uses drone imaging for hurricane relief effort in Texas

She tried to hold back tears as she approached her husband and the insurance adjuster taking stock of the few belongings they had left after Hurricane Harvey made landfall. Her efforts to contain her emotions failed as the ...

Internet

Can blockchain technology help poor people around the world?

Big Wall Street companies are using a complicated technology called blockchain to further increase the already lightning-fast speed of international finance. But it's not just the upper crust of high finance who can benefit ...

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Insurance

Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed small loss to prevent a large, possibly devastating loss. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

This text uses material from Wikipedia, licensed under CC BY-SA