Month: September 2023

Loss Occurring vs. Risk Attaching

Loss Occurring vs. Risk Attaching: Key Differences and Implications

What is reinsurance? Reinsurance is a complex financial arrangement that plays a fundamental role in the global insurance industry. At its core, reinsurance is a mechanism through which insurance companies transfer a portion of their own risks and liabilities to other insurance companies, known as reinsurers. In other words, it’s insurance for insurers. The primary […]

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Health Insurance for Employees

Rules for Offering Health Insurance to Employees in India

What Is Health Insurance? Health insurance is a financial arrangement that provides individuals with coverage for medical expenses, helping them mitigate the financial burden associated with healthcare. It operates on the principle of risk pooling, where individuals pay regular premiums, and in return, the insurance company covers a portion of their medical costs when they […]

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