What are two benefits of reinsurance?

Reinsurance is a complex and intricate process that plays a crucial role in the insurance industry. It involves one insurance company (the ceding company) transferring part of its risk to another insu

Where does all the money go when the stock market drops?

When the stock market drops, it can be a daunting experience for investors. The sudden decline in share prices can lead to significant losses, and many people wonder where all the money goes when the

What happens to credit cards when a bank collapses?

When a bank collapses, it can have significant implications for its customers, including those who hold credit cards issued by the bank. The question of what happens to these credit cards when a bank

What is PPT in insurance?

In the world of insurance, PPT is a term that has gained significant importance in recent years. However, what exactly does PPT stand for and how does it relate to insurance? This article aims to prov

What is reinsurance in simple words?

Reinsurance is a complex concept that can be difficult to understand if you're not familiar with the insurance industry. In simple terms, reinsurance is when one insurance company (the "reinsurer") ag

Why people don't make money in stock market?

The stock market has always been a popular investment option for many people, with the promise of potentially high returns. However, despite its allure, many individuals fail to make money in the stoc

Why are banks cancelling credit cards?

In recent years, there has been a growing trend of banks cancelling credit cards. This phenomenon has sparked curiosity among consumers and raised concerns about the financial industry's practices. Th

What does PPH mean in insurance?

In the world of insurance, the term "PPH" is often used as an acronym for "per person per hour." This term is typically used in relation to liability insurance policies, which are designed to protect

What are the disadvantages of reinsurance?

Reinsurance is a complex and intricate process that involves an insurance company (reinsurer) assuming the risks of another insurance company (cedant). While reinsurance has its advantages, it also co

Is the stock market just luck?

The stock market has long been a subject of fascination for investors, traders, and even the average person. With its fluctuating prices and seemingly random movements, many wonder if the stock market

Copyright myinsurdeals.com Rights Reserved.