yrndominicc12
Answered

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Insurance companies create a pool of funds to handle
O risk
O gain
O loss
Osafety

Sagot :

GinnyAnswer

Final answer:

Insurance companies set premiums based on expected losses to handle claims and ensure profitability.


Explanation:

Insurance companies create a pool of funds to handle loss. They set premiums based on the expected value of losses, ensuring a profit for the company. Actuaries estimate claims, and companies invest premiums to generate additional profits from investments.


Learn more about Insurance companies handling losses and premiums here:

https://brainly.com/question/50954128


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