Publisher's Synopsis
Seminar paper from the year 2018 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,0, language: English, abstract: This paper gives us an insight of the business of diversifying risk. An industry, which is, compared to other dynamic financial sectors, historically often described as a slow-growing, safe sector for investors. A sector, in which companies have positive costs of capital, due to their possibility to use customers' money to invest for themselves. An industry famous for mergers and acquisitions. The French insurance firms in this paper cover all categories of insurance companies: accident and health insurers, property and casualty insurers, and financial guarantors. Benjamin Franklin once said, "An investment in knowledge pays the best interest." While, he was referring to education in this moment, it also has some significance in terms of financial markets. In a world where all information and knowledge about companies in the financial market are available, there would be no profit to be made by investing. Nonetheless, there is no such world, and thus there is much to gain from investments, if you have ability. This expertise and understanding of markets, of their rise and fall, can be the difference between someone who amounts a fortune, and someone who loses it all. In this paper we are going to focus on firms within the insurance market, to gain some insight on different segments that permeate the market. This way we can start to amass our base knowledge so that one day we may be the ones on top.