It is a form of risk management primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer an insurance company an insurance carrier or an underwriterA person or entity who buys insurance is known as a policyholder while a person or entity.
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. Insurance is a means of protection from financial loss. The Star Online delivers economic news stock share prices personal finance advice from Malaysia and world. Malaysia business and financial market news.
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