Insurance Industry Fundamentals: Nervous Nellie

What exactly does an insurance company do? How do they make money? This video introduces our Insurance Industry Fundamentals: Industry Overview eLearning course. We begin the course with an explanation of insurance risk and insurable risks before describing types of insurers and insurance contracts. We walk through the four core activities of insurers before discussing how an entity’s profitability is calculated. The course ends with an overview of external reporting requirements and statutory accounting differences.

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