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| *Loan,banking and credit>>>insurance industry |
Similar things between property and casualty insurance vs banking industry? |
Similar things between property and casualty insurance vs banking industry? They are both financial intermediaries. They both trade risks for a premium. They are both regulated financial institutions. They both have highly leveraged balance sheets. They both choose which applicants to accept - who to insure, and who to give loans to. Most businesses accept every applicant, such as a supermarket. |
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