What helps couples weather financial storms

Experts have predicted that the COVID-19 pandemic will result in the worst financial crisis in the United States since the Great Depression. While the full scope of the financial fallout remains to be seen, furloughs, job ...

Pandemic bonds: The financial cure we need for COVID-19?

Countries around the world are taking unprecedented action to stem financial collapse due to COVID-19. Governments are acting as insurers of last resort, providing liquidity to both individuals and corporations in dire straits.

Artificial intelligence helps experts forecast icebergs

This year will see a relatively low number of icebergs drifting into busy shipping regions in the north-west Atlantic, according to a combination of control systems and artificial intelligence forecasting models developed ...

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Insurance

Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed small loss to prevent a large, possibly devastating loss. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

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