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As a way to still be able to transact with the low-risk individuals,insurance companies can
Unearned Revenues
Income received by an individual or company for a service or product that has yet to be provided or delivered.
Liabilities
Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of assets, provision of services, or other means.
Net Income
The total earnings of a company after deducting all expenses and taxes from total revenue.
Retained Earnings
The portion of net income that is not distributed as dividends to shareholders, but instead is reinvested in the company or used to pay off debt.
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