Search results
Results from the WOW.Com Content Network
PT Asuransi Jasa Indonesia or known as Asuransi Jasindo is an Indonesian company engaged in service insurance. In 2020, the company officially became a member of the state-owned insurance holding company, after the majority of its shares held by the government were handed over to Bahana Pembinaan Usaha Indonesia.
[2] There are many types of peer-to-peer insurance. The first type was created by an Insurance broker (as opposed to insurance companies). In this broker model, insurance policyholders will form small groups online. A part of the insurance premiums paid flow into a group fund, the other part to a third party insurance company.
Homes covered by an HO-2 Broad policy accounted for 5.15%, which covers only specific named perils. The remaining 2% includes the HO-1 Basic and the HO-8 Modified policies, which are the most limited in the coverage offered. HO-8, also known as older home insurance, is likely to pay only actual cash value for damages rather than replacement. [13]
Supplemental natural disaster insurance covers specified expenses after a natural disaster renders the policyholder's home uninhabitable. Periodic payments are made directly to the insured until the home is rebuilt or a specified time period has elapsed. Surety bond insurance is a three-party insurance guaranteeing the performance of the principal.
An 18th-century fire insurance contract. Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for 'the Insurance Office' in his new plan ...
An insurance-linked security (ILS) is a financial instrument whose value is driven by insurance loss events. Those such instruments that are linked to property losses due to natural catastrophes represent a unique asset class, the return from which is uncorrelated with that of the general financial market.
Zurich Insurance Group Ltd. is a Swiss insurance company, headquartered in Zürich, and the country's largest insurer. [2] As of 2021, the group is the world's 112th largest public company according to Forbes ' Global 2000s list, [3] and in 2011, it ranked 94th in Interbrand's top 100 brands.
It replaces the BUMN Hadir Untuk Negeri ("SOEs Serving the Nation") campaign, launched in 2016 in conjunction with the Ministry's 18th anniversary. [2] The logo above appears in nearly all publicity made by Indonesian SOEs (usually placed in the upper-left corner), except Garuda Indonesia and others SOEs under the Ministry of Finance