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Planned retention

Risk-taking is a calculated decision to accept a known level of uncertainty. It is a conscious and deliberate action that acknowledges the potential for loss or failure. In the world of finance, risk-taking is a crucial aspect as it allows individuals and businesses to make informed choices in pursuit of their goals. By understanding the implications of risk, one can leverage it to their advantage and achieve success in the ever-changing financial landscape. Let us explore the concept of risk-taking and its significance in the realm of finance.

Adjuster

A key player in the insurance industry is the adjuster, who works for a property/casualty insurer. Their main responsibility is to assess damages and determine appropriate c...

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Earthquake insurance

One important aspect of insurance is the coverage for buildings and their contents. However, it is worth noting that this coverage often comes with a significant percentage ...

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Soft market

This environment is the opposite of a sellers? market where insurance is scarce In the world of finance, we often hear the terms "buyers' market" and "sellers' market." Thes...

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Commercial general liability (CGL)

Commercial General Liability (CGL) is a comprehensive policy that provides coverage for all potential liabilities faced by a business, unless specifically excluded. This pol...

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