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colonial insurance

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1) "Colonial" -- As to colonial insurance 1co·lo·nial Pronunciation: k&-'lO-nE-&l, -ny&l Function: adjective 1 : of, relating to, or characteristic of a colony 2 often capitalized : of or relating to the original 13 colonies forming the United States: as a : made or prevailing in America during the colonial period <colonial architecture> b : adapted from or reminiscent of an American colonial mode of design <colonial furniture> 3 : forming or existing in a colony <colonial organisms> 4 : possessing or composed of colonies <a colonial empire> - co·lo·nial·ize /-nE-&-"lIz, -ny&-"lIz/ transitive verb - co·lo·nial·ly adverb - co·lo·nial·ness noun Pronunciation Symbols See colony and colonisation for examples of colonialism which do not refer to Western colonialism. Pith helmet of the Second French Empire. This map of the world in 1898 shows the large colonial empires that European nations established in the Americas, Africa, Asia, and the South Pacific Colonialism is the extension of a nation's sovereignty over territory beyond its borders by the establishment of either settler colonies or administrative dependencies in which indigenous populations are directly ruled or displaced. Colonizing nations generally dominate the resources, labor, and markets of the colonial territory, and may also impose socio-cultural, religious and linguistic structures on the conquered population (see also cultural imperialism). Though the word colonialism is often used interchangeably with imperialism, the latter is sometimes used more broadly as it covers control exercised informally (via influence) as well as formal military control or economic leverage. The term colonialism may also be used to refer to a set of beliefs used to legitimize or promote this system. Colonialism was often based on the ethnocentric belief that the morals and values of the colonizer were superior to those of the colonized; some observers link such beliefs to racism and pseudo-scientific theories dating to the 17th and 18th centuries. In the western world, this led to a form of proto-social Darwinism that placed white people at the top of the animal kingdom, "naturally" in charge of dominating non-European indigenous populations. 1 Types of colonies 2 History of colonialism 3 Neocolonialism 3.1 U.S. foreign intervention 3.2 French foreign intervention 2) "Insurance" -- As to colonial insurance 1in·sur·ance Pronunciation: in-'shur-&n(t)s also 'in-" Function: noun 1 a : the business of insuring persons or property b : coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril c : the sum for which something is insured 2 : a means of guaranteeing protection or safety <the contract is your insurance against price changes> Pronunciation Symbols Financial market participants Investors Speculators speculation Institutional investors Insurance companies Investment banks Hedge funds Mutual funds Pension funds Private equity funds Venture capital funds Banks Credit Unions Trusts Prime Brokers Finance series Financial market Participants Corporate finance Personal finance Public finance Banks and Banking Financial regulation v d e Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium. Insurer, in economics, is the company that sells the insurance. Insurance rate is a factor used to determine the amount, called the premium, to be charged for a certain amount of insurance coverage. 1 Principles of insurance 2 Indemnification 3 Insurer’s business model 4 Gambling analogy 5 History of insurance 6 Types of insurance 7 Types of insurance companies 8 Life insurance and saving 9 Size of global insurance industry 10 F..." 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