They may invest in the corporate infrastructure and projects, pay a dividend to policyholders (in some cases), participate in goodwill projects for the community. But primarily, insurance companies add that profit to their surplus so that when the next big storm hits, they can pay those claims.
Where do those profits go?
Not to you dude!
They may invest in the corporate infrastructure and projects, pay a dividend to policyholders (in some cases), participate in goodwill projects for the community. But primarily, insurance companies add that profit to their surplus so that when the next big storm hits, they can pay those claims.
They could use some of their profits for expansion. After all, they are opening a new large office in Plano, Tx. and it will take investment.