The money you pay for your business's many insurance premiums might seem like a waste, but it's like the lifeboats on a ship: You might never need it, but when you do you'll really, really need it.

This paper seeks to develop a normative framework for analyzing the investment decision of a mutual life insurer. A criterion is suggested by which to judge management decisions. Then a way is ...

The insurance industry is unlike any other—it doesn’t sell a physical product but rather a service that underpins the entire economy. Each year there are about $7 trillion in premiums alone. The ...

Do you have tangible things in your life that you want to protect? Do you want peace of mind, knowing that you’ll be able to recover from a loss if the unexpected happens and that you’ll be able to ...