Where do insurance companies get the money to pay for losses suffered by their customers?

Through the Insured premium paid

Explanation:

Insurance is a form of contract where the insureds are indemnified by the insurer against potential future losses.

The primary way through which insurance  generate money is through the premium , which is the amount of money that is periodically contributed by the policy holders. This premium is thereafter re-invested into other profit generating investment portfolio.

It is from this that the insurances pull out money for compensation for losses suffered by their customers whenever there is one.

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