role of the insurance industry in a growing economic
Total Comments: 1
Posted: Wed Feb 24, 2010 06:45 am Post Subject: Role of the insurance industry
Hi meekah4real,
Insurers provide specialized expertise in the identification of loses and risk management. They have an incentive to control loses which is beneficial to the economy. It helps to allocate resources to more productive uses and thus broaden the range of investments improving the economic productivity.
Posted: Wed Feb 24, 2010 06:45 am Post Subject: Role of the insurance industry
Hi meekah4real,
Insurers provide specialized expertise in the identification of loses and risk management. They have an incentive to control loses which is beneficial to the economy. It helps to allocate resources to more productive uses and thus broaden the range of investments improving the economic productivity.
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