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.
The insurer last week announced the latest of its divestments, selling off its block of 700,000 individual life insurance policies to Prudential Financial Inc. in a reinsurance transaction for $615 million in cash considerations. Going forward, Hartford's primary business will be in property/casualty insurance, mutual funds and group benefits. The Prudential transaction was the fourth major sale for The Hartford this year.