Introduction to financial strength of an insurance company
In another blog, we have already discussed “How do an Insurance company makes money?” Usually, the business element of the insurance agencies revolves around charging premiums in exchange for insurance coverage, then reinvesting those premiums into other interest-generating assets.
Insurance companies deal with large and complex claims made against policies that are sold by them. Including this, an insurance company faces various kinds of risks. Therefore, before investing in an insurance company, investors should know the financial status of that company. In this blog, we will discuss, how we […]