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Monday, December 21, 2015

Business entity insurance companies | The legal basis and form of the insurance company!

Business entity insurance companies | The legal basis and form of the insurance company!
Welcome, on this occasion our topic about the legal basis and legal form of insurance companies, insurance business entity form. development of insurance companies.
Dear readers! Let's begin the discussion.
insurance business in today's world is growing very rapidly. for example in the USA. a wide range of insurance products offered by insurance companies. many insurance companies competing to win market competition. but to win the competition, the insurance company must still pay attention to the rules and policies of the government. government in this case participated regulate and supervise the activities of insurance companies, because the insurance company is one of the non-bank financial institutions which collect funds from the public. how is the insurance company?
The legal basis and form of an insurance company.
any insurance company in running the insurance business based on the government regulations and policies. the government regulates everything to do with the object of insurance, the insurance business licensing, supervision and insurance supervision.

Read too: Why the importance of insurance for you? The reason !!!

an insurance company can run its business if a legal entity, the legal status of insurance companies, among others:
1. liability company, is a business entity whose capital comes from several shareholders in sheet form. shareholders have limited liability in accordance with the number of shares invested. so if enterprises are profit, profits are distributed to shareholders according to the size of shares invested, but if enterprises suffered losses, the shareholders do not bear up to his personal fortune.

3. The cooperative, which is a business entity consisting of people who carry out activities that are based on the principle of togetherness and family principles.
Read too: Reasons for the importance of this insurance program turns !!
3. The joint venture, which is a business entity formed not only the pursuit of profit. if enterprises are profit, profits are distributed to its members. likewise when the company suffered a loss, the loss is borne jointly by the members.

That discussion of the business entity insurance companies, which insurance companies must be incorporated. This article may add insight about insurance, and may be useful.
Read too: Property insurance | 8 types of insurance objects most guarantee!!!
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