The Nature and role of capital in insurance : The Geneva Association

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      <subfield code="a">lnsurance at its core is about accepting and pooling risks in a measured and controlled way. In a new report, Mr Daniel Hofmann of The Geneva Association explains the role of capital in insurance as a key metric used to better understand, quantify and manage risk-taking in the insurance business. In doing so, insurance companies are able to protect individuals as well as small businesses and large corporations against the financial consequences of risk. </subfield>
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