An insurance risk class has similar characteristics, which are used to determine the risks of underwriting a policy and the premium that should be charged.

Risk shifting makes sense for life insurance where 100% of the risk is shifted to the carrier. It makes less sense in property/casualty insurance where large deductibles and self-insured ...

The transfer of risk is the primary tenet of the insurance business, in which one party pays another to bear the costs of some potential expenses.

Definition and Overview. High-risk car insurance is essentially the same as any other auto insurance policy, but it may be more expensive because insurers have determined that you're more likely ...

Builder’s risk insurance provides property coverage for buildings and structures that are under construction. See what it covers and whether you need it.

Personalized risk profiling allows for a nuanced understanding of each individual, which in turn can personalize insurance offerings to an unprecedented degree.