A US insurance group offers risk management policies against the threat of potential loss to the people of the United States. The growing affluence as well as the financial downturns has led to an increasing demand for insurance has increased as they want a more secure life. This has resulted in making the insurance sector one of the major players in the US economy.
Some Major US Insurance Groups
The Prudential Insurance Company of America is one of the largest providers of life insurance in the United States. Besides providing insurance, the company also offers an array of financial services, such as annuities, real estate brokerage franchises, mutual funds and relocation services. Prudential is also involved in community services related to retired associates and students through their volunteers. Prudential also funds a non profit grant making organization that deals with community service.
American Insurance Assurance (AIA) offers all kinds of insurance policies, such as property, casualty, and auto for both personal and commercial vehicles. Liability insurance provides cash cover for small scale businesses, employee’s compensation and product liability. Medical malpractice insurance is another popular option offered by the company. Home contents can also be insured by AIA.
Liberty Mutual was founded in Boston in 1912 and is one of the top ten properties and casualty insurance companies in the USA. The Liberty Mutual Holding group has three major insurance companies, Liberty Mutual Insurance Company, Liberty Mutual Fire Insurance Company and Employers Insurance Company of Wausau. The auto insurance comprise of accident forgiveness, replacement vehicle and unlimited rental facility. The home insurance provided by the company contains protection for home contents, emergency repairs and living expense.
MJ Insurance Group has two major offices in Indiana and Arizona and excels in risk management insurance. MJ offers its services to both organizations and individuals. It offers commercial insurance for captives, constructions, life sciences, manufacturing, mining, sorority and transportation. The personal cover offered by the company comprises of homeowners, automobiles, watercraft and comprehensive umbrella coverage.
Blue Water Yacht Insurance has its offices in the East and West Coasts of North America and is a provider of insurance for cruising boats and designs policies for active cruisers. This company boasts of having given cash coverage for voyages in windstorm areas as well as insuring vehicles that are more than 25 years old.
Across the Middle East and South-East Asia, Islamic financial institutions hold aggregated assets estimated to be worth $50 billion. To some, this cash-rich sector represents a huge opportunity for growth and investment. But perhaps, what Islamic banks can really offer is a set of guiding principles that can enhance financial stability, four years after the crisis.
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Nouriel Roubini, a.k.a. “Doctor Doom”, is chairman of Roubini Global Economics and professor of economics at New York University’s Stern School of Business. Roubini has been consistently cited as one of the world’s top global thinkers. This year, he was voted as the most influential economist in the world by Forbes magazine.
Chancellor of the Exchequer of the United Kingdom from 1992 to 2007. Prime Minister of the UK between 2007 and 2010. Inaugural 'Distinguished Leader in Residence' at New York University. Advisor at World Economic Forum
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