The effect of substrate concentration on the rate of enzyme-controlled reactions Remember that in biology or biochemistry, the reactant in an enzyme reaction is known as the substrate. What follows is a very brief and simple look at a very complicated topic.
A reinsurance contract is a contract of indemnity, meaning that it becomes effective only when the insurance company has made a payment to the original policyholder. Reinsurance provides a way for the insurance company to protect itself from financial disaster and ruin by passing on the risk to other companies.
What is a Cooperative (Mutual) Insurance Company? A mutual insurance company is owned by the policyholders, who are similar to stockholders in a corporation. Our policyholders elect the company's board of directors, play a critical role in the decision-making process and the setting of the company's future direction.