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Insurance Glossary

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Lloyd’s Building, London (with the blue cranes). The Gherkin shaped Swiss Re Tower is in the background Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium and duty of care.

by MultiMedia and Nicolae Sfetcu

This guide is licensed under the GNU Free Documentation License

Insurance Glossary


Insurance Glossary, made by MultiMedia | Free content and software

This guide is licensed under the GNU Free Documentation License