Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. An insurer, or insurance carrier (often called an "insurance company), is sells the insurance policy to customers. The customers, who are called the insured or policyholder, are the person or entity (which may be a private company or other organization) buying the insurance policy. The amount of money to the customer pays for a certain amount of insurance coverage is called the "premium". Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.
The transaction involves the insured making a payment to the insurer in exchange for the insurer's promise to compensate (indemnity) the insured in the case of a financial (personal) loss. The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated. In the event that the insured experiences a financial or personal loss which is covered by the insurance policy, the insured makes an insurance claim to the insurer. Insurance company claims adjusters and other insurance company employees assess the claim. Insurance policies typically set out certain circumstances or actions which will void the insurance policy; if the insurance policy is voided, then the insurer may not have to pay out the claim.
Malmö was one of the earliest and most industrialized towns of Scandinavia, but it struggled with the adaptation to post-industrialism. Since the construction of the Øresund Bridge, Malmö has undergone a major transformation with architectural developments, and it has attracted new biotech and IT companies, and particularly students through Malmö University, founded in 1998. The city contains many historic buildings and parks, and is also a commercial centre for the western part of Scania.
The administrative entity for most of the city is Malmö Municipality which, as of 31 March 2013, has 309,105 inhabitants in eight different localities. Malmö is also a bimunicipal locality, as part of it is formally situated in Burlöv Municipality. The total population of the urban area was 280,415 in December 2010.
The design of the contest was built around the theme "We Are One" – highlighting equality and unity of all the participating countries alongside the cultural diversity and influence of each participant. Compared to many of the previous contests in the history of Eurovision, rather than focusing on promoting its own country, Sweden chose to lay focus on the artists and their respective countries. The postcards presented before every song which have often been used to show the host country's nature, culture and social life, were changed to show the typical everyday life of each individual artist in their home countries scattered around Europe.