Final answer:
Stock insurers, also known as stock insurance companies, issue policies and invest premiums in financial instruments like stocks and bonds to generate profits.
Explanation:
Stock Insurers
Stock insurers are also known as stock insurance companies. These companies issue policies that pay out upon the occurrence of specific events, such as term life insurance policies or health insurance policies. They invest policyholder premiums in various financial instruments like stocks, bonds, and money market instruments to generate profits.
Stock insurance companies are categorized as joint-stock corporations within the insurance industry, alongside mutual insurance companies. Their main function is to provide financial protection against various risks and contingencies.
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