Sizable Losses Reduce Profits

Fry, Kate
March 2008
Best's Review;Mar2008, Vol. 108 Issue 11, p13
Trade Publication
The article focuses on the topic published in the 1907 issue of "Best's Review," which focuses on fire insurance. The report stresses that companies should not write insurance for a single large fire or conflagration that is disproportionate to their income. The report also states that companies must avoid extraordinary loss to earn a moderate profit on premiums.


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