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Insurance Business and its Risk

  • Christoph Weber

Abstract

The insurance business is vital for today's economies, since by means of insurance policyholders can satisfy their need for protection and accumulate additional value. Further, insurance and reinsurance contracts are essential for the risk management of corporates. Few companies operate without some amount of coverage. The typical insurance includes a risk transfer mechanism. It allows the entity buying insurance to transfer the loss arising from specific risks, perils, or hazards from its equity holder to the insurance provider and its shareholders.

Keywords

Risk Management Credit Risk Hedge Fund Credit Default Swap Insurance Sector 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2011

Authors and Affiliations

  • Christoph Weber

There are no affiliations available

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