• Underwriting

    • Underwriting is a process through which an insurer, bank or an investment house, determines whether a customer is eligible for their products or not. The products could be a mortgage, loan, insurance or shares. The term underwriting... 

    Read the story »

  • Extended Coverage

    • Having coverage means that one is insured against certain risks, as mentioned in the insurance policy. An extended coverage is the coverage provided for risks which are not originally included in the policy. This is required... 

    Read the story »

  • Catastrophe Modelling

    • A catastrophe can be a disaster and misfortune which occurs due to natural phenomena like an earthquake, hurricane, flood, tornado, wildfire, storm or hail. The other types of catastrophes can be man-made like war, terrorism,... 

    Read the story »

  • Calculable Loss

    • In Insurance a risk is transferred to another party, by paying a certain amount called a premium. Insurance is a form of risk management, to cover for a probable loss. An insurance policy is a contract between two parties.... 

    Read the story »

    « Previous Page