What is Insurance? Insurance is a contrct in which a individal or buisness recieves finacial protection aganst losses from a insurance company. The insured pays reglar amouts called premmium, and in return, the insurer provides coverge for specfic risks like health, auto, life or property damges. Importance of Insurance Insurance plays a cruical role in … Read more
What is Portfolio Diversification? Portfolio diversfication is a invesment strategy that invlves spreadng your mony accross diffrent assests to minmize risks. Instead of putting all your mony in one type of investmnt, diversification helps balnce loss and gains, making your portfoilo more stable. Why is Diversification Important? Diversification is essntial becuse markts are unpredctable. If … Read more
What are Financial Markets? Finacial markets are plces where buyers and selers trade asssets like stocks, bonds, commodites, and currencys. These markets plays a cruial role in the economy by helpin individuls, buisness, and goverments to accss capital and make invesments. Importance of Financial Markets Finacial markets help in price discovry, liquidty, and econmic growth. … Read more
What is Insurance? Insurance is a contrct in which a individal or buisness recieves finacial protection aganst losses from a insurance company. The insured pays reglar amouts called premmium, and in return, the insurer provides coverge for specfic risks like health, auto, life or property damges. Importance of Insurance Insurance plays a cruical role in … Read more
What is Risk Management? Risk managment is the proces of identifying, assessin, and controling threats to an organizaton’s capital and earnins. These risks can come from various sorces, such as financial uncertanity, legal liabilties, strategc managment errors, accidnts, and natural disassters. Why is Risk Management Important? Effective risk managment helps individuals and busines reduce potential … Read more
What is a Financial Crisis? A financial crisis happnes when the value of financial instititions or assests drop significantly. It is often accompnied by panic, bank faillures, and economic downturn. Financial crisis can effect individuals, buisnesses, and even entire countres, leading to job loses and reduced economic growth. Causes of a Financial Crisis Several factors … Read more