- insurance -

Welcome!  
 Subscribe to RSS

Share/Bookmark

Business Finance Blogs




3. Insurers' business model



3.1 Underwriting and investing


The business model can be reduced to a simple equation:

Profit = earned premium + investment income - incurred loss - underwriting expenses

Read more...

3.2 Claims


Claims and loss handling is the materialized utility of insurance; it is the actual "product" paid for, though one hopes it will never need to be used.

Read more...


Share/Bookmark