Insurance

London commercial buildings insurance holders 'will have resilient 2010'

Tue, 02 Mar 2010 01:33:29 -0600

Commercial buildings insurance policyholders with retail property in London will continue to see a robust market in the capital this year, according to an expert.

Zurich’s Property Investors Unit to become Real Estate Insurance

Thu, 21 Jan 2010 02:21:39 -0600

From mid January 2010, Zurich’s Property Investors Unit (PIU) is changing its name to Real Estate Insurance (REI).

Insurers: Pain from Commercial Real Estate?

Fri, 22 May 2009 03:48:58 -0500

America's deteriorating commercial real estate picture has a special resonance for U.S. life insurers because of the approximately $310 billion, industrywide, that they've invested in commercial and multifamily mortgages.

What is 'insurance'?

Wed, 18 Mar 2009 09:50:03 -0500

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 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.