List of Banks in Switzerland

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switzerland banks

List of Banks in Switzerland Banking in Switzerland began in the early 18th century through Switzerland’s merchant trade and has, over the centuries, grown into a complex, regulated, and international industry. Along with the Swiss Alps, Swiss chocolate, watchmaking and mountaineering, banking is seen as emblematic of Switzerland. Switzerland has a long, kindred history of banking secrecy and client confidentiality reaching back to the early 1700s. Started as a way to protect wealthy European banking interests, Swiss banking secrecy was codified in 1934 with the passage of the landmark federal…

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List of banks in Sweden

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sweden banks

List of top banks in Sweden Currently, there are more than 114 banks in Sweden. The four biggest banks in Sweden account for more than 80% of the industry’s total assets. The Swedish banking system comprises four categories. They are: – Commercial banks – Foreign banks – Savings banks – Co-operative banks Swedish banking sector has a very developed structure and consists of 114 banks of various size and specialization, which can be divided into four categories: Joint-stock banks, Foreign banks, Savings banks and Cooperative banks. In Sweden, there were…

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Business insurance

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business insurance

Business insurance Running a business is a challenge, and it often involves putting your own finances at risk. It makes sense to manage risk, reduce uncertainty and protect your livelihood. Business insurance can protect the equipment and machinery you need to stay in business. It can ensure that you, your employees and any members of the public with whom you interact in your business are protected from the risk you face as a business owner. And it may also provide financial support if your business is unable to operate following…

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First Insurance Companies

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Lloyd's of London

First Insurance Companies Marine insurance is the oldest branch of modern insurance, originating with the Lombard merchants in 13th century Italy, from whence it spread to the continent and then to England. The British dominated maritime trade and also marine insurance throughout the 1800s and well into the 1900s. Lloyd’s of London As a center of commerce and global trade, Great Britain was a natural place for marine insurance to develop, and one of the major insurers of voyages was Lloyd’s of London. Insurance was written by individuals rather than…

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History of Insurance

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insurance wooden fire marks

History of Insurance The earliest forms of insurance were a primitive form of commercial insurance, especially in regards to shipping goods, since cargo was often lost or damaged or stolen by thieves and pirates. Please earliest methods of reducing risk involved either the pooling of risk or transferring the risk to moneylenders or investors of expeditions. For millennia, the primary and economical means of transport was to use waterways, but boats carrying cargo were often destroyed in rapids along the rivers. Enough cargo made it through to still make it…

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A – Glossary of Insurance Terms

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A, Glossary of Insurance Terms

A – Glossary of Insurance Terms This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business. New terms will be added to the glossary over time. The definitions in this glossary are developed by the NAIC Research and Actuarial Department staff based on various insurance references. These definitions represent a common or general use of the term. Some words and/or phrases may be defined differently by other entities, or used in a context such that the definition shown may not be applicable.…

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B – Glossary of Insurance Terms

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B - Glossary of Insurance Terms

B – Glossary of Insurance Terms This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business. New terms will be added to the glossary over time. The definitions in this glossary are developed by the NAIC Research and Actuarial Department staff based on various insurance references. These definitions represent a common or general use of the term. Some words and/or phrases may be defined differently by other entities, or used in a context such that the definition shown may not be applicable.…

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C – Glossary of Insurance Terms

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insurance umbrella

C – Glossary of Insurance Terms This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business. New terms will be added to the glossary over time. The definitions in this glossary are developed by the NAIC Research and Actuarial Department staff based on various insurance references. These definitions represent a common or general use of the term. Some words and/or phrases may be defined differently by other entities, or used in a context such that the definition shown may not be applicable.…

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D – Glossary of Insurance Terms

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insurance shield

D – Glossary of Insurance Terms This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business. New terms will be added to the glossary over time. The definitions in this glossary are developed by the NAIC Research and Actuarial Department staff based on various insurance references. These definitions represent a common or general use of the term. Some words and/or phrases may be defined differently by other entities, or used in a context such that the definition shown may not be applicable.…

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