Economics · Financial Institutions
Insurance institutions differ from other financial intermediaries because they pool risk rather than only intermediate savings and loans. The core function of an insurance institution is to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1provide interest-free capital to productive enterprises
- 2guarantee returns in equity markets
- 3transfer and pool specified risks in exchange for premiums✓
- 4finance only government infrastructure projects
Correct answer
transfer and pool specified risks in exchange for premiums
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