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Describe the role of insurance companies.
Role of Insurance Companies:
The main objective of insurance companies is to prevent individuals and firms (termed as policy-holders) by adverse events. All insurance companies entertain premiums by policy-holders, and promise to pay compensation to policy-holders when particular events happen. There are two main segments into the industry: life insurance conversely, and property and causality insurance onto the other.
finance is divided into _____ and___________
Three of these companies have bonds that carry investment - grade ratings. The other 3 companies carry junk - bond ratings. Judging by the information in the table, which 3 compani
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