If you’re searching for the world’s biggest insurance
companies, you’ve come to the right place because we can tell you about eleven
such companies. Let’s have a look on Insider Monkey‘s article which has a list
of eleven biggest insurance companies in the world.
We all need insurance in some point of our lives. Insurance,
to live a happy and healthy life without worries of the future gnawing at us!
And, these companies provide the much-needed assurance of solace from those
never-ending worries and stress.
So what is insurance? Simply put, it is the process of
transferring risk in exchange for payment. The insurer charges a fee from the
insured, who in turn gets compensated for their losses if and when they
occur. And, contrary to popular belief
it is definitely not a new concept. It has always been around in some form.
However, it is in the modern times that the concept has evolved and diversified
and big firms have come into play. To read more, please visit 11 Biggest Insurance Companies In the World.
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