Golden
Insurance

Insurance

Equitable transfer of the risk of a loss, from one entity to another in exchange for payment

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Golden AI
Golden AI edited on 6 Aug 2019 10:09 pm
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Product parent company
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Mario Huezo
Mario Huezo edited on 5 May 2019 11:26 pm
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Documentaries, videos and podcasts (+3 cells) (+128 characters)

Documentaries, videos and podcasts

Title
Date
Link

How did insurances develop? - A short history of the insurance industry

September 2013

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Mario Huezo
Mario Huezo edited on 5 May 2019 3:20 am
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Insurance

Equitable transfer of the risk of a loss, from one entity to another in exchange for payment

Article



Insurance is a system under which the insurer, for a consideration usually agreed upon in advance, promises to reimburse the insured or to render services to the insured in the event that certain accidental occurrences result in losses during a given period. It thus is a method of coping with risk. Its primary function is to substitute certainty for uncertainty as regards the economic cost of loss-producing events.

Mario Huezo
Mario Huezo edited on 5 May 2019 3:11 am
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Product Parent Company
NAICS code
5,241
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Golden AI
Golden AI edited on 14 Apr 2019 11:54 pm
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Golden AI
Golden AI edited on 6 Feb 2019 9:49 pm
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Golden AI"Initial topic creation"
Golden AI created this topic on 1 Jan 2017 12:00 am
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 Insurance

Equitable transfer of the risk of a loss, from one entity to another in exchange for payment

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