Not who you're looking for? Others named Insurance: equitable transfer of the risk of a loss, from one entity to
“w:Travel insurance is a line of insurance we consistently hear problems about. It’s much less regulated than other lines of insurance and tends to include exclusions for things consumers believe they’re covered for.””
“This is classic insurance reaction [according to Bob Hunter, director of insurance at the Consumer Federation of America and a former Texas insurance commissioner] They did it after AIDS and SARS”
“Basically, the math of intelligently selling insurance is better than the math of intelligently buying insurance.”
“The demutualization of property and casualty insurers raises a series of conceptual and practical problems. The assets of a mutual are essentially community assets built-up over the generations of those living in the community.”
“Among the phenomena, of the causes of which we are ignorant, there are some, such as those dealt with by the manager of a life insurance company, about which the calculus of probabilities can give real information.”
“What the insurance companies have done is to reverse the business so that the public at large insures the insurance companies.”
Quotes via Wikiquote (CC BY-SA), each with its original source.
