It is a high yield debt instrument that is usually insurance linked and meant to raise money in case of catastrophe such as a hurricane and earthquake. It has a special condition that states that if the insurer (insurance or the Reinsurance Company) suffers a loss from a predefined catastrophe, then … click here to [...]
State FarmĀ® is the leading insurer of cars and homes in the United States, protecting about one out of every five insured cars and one out of every five homes. State Farm Life Insurance Company is ranked fifth in paid-for volume for ordinary life insurance among all U.S. companies. State Farm also offers customers a [...]
The GEICO family of companies operates primarily in the private-passenger auto insurance market. This highly fragmented industry is one of the most competitive arenas of American business, as companies go to extreme lengths to maintain market share. Despite this difficult business environment, GEICO has experienced unprecedented growth over the last few years, doubling in size [...]