[PDF] Top 20 Glossary of Selected Insurance Terms

... Catastrophe reinsurance A form of excess of loss reinsurance which, subject to a specified limit, indemnifies the ceding company for the amount of loss in excess of a specified retention with respect to an accumulation ... See full document

... In an effort to help our investors and other interested parties better understand our regular SEC reports and other disclosures, we are providing a Glossary of Selected Insurance Terms. Most ... See full document

... Consolidated Omnibus Budget Reconciliation Act (COBRA) - a federal law that mandates employers with 20 or more eligible employees to provide continued health insurance under their group plan to terminated ... See full document

... following terms are typically used by the environmental insurance industry, transactional specialists, and other parties involved in using environmental insurance or risk management ...the ... See full document

... Demurrage - A charge required as compensation for the delay of a ship, transport vehicle or other cargo beyond its scheduled time of departure. Deposit Premium - An initial amount of premium charged under an adjustable ... See full document

... insurance company must meet certain federal standards, the details of coverage vary widely, as to premiums (the basic cost of coverage), deductibles (the amount that must be paid each year before benefits are ... See full document

... Medicare. Medicare Secondary Payer Act provides the necessary authority to the MSPRC to identify and recover these payments. Medicare Set Aside (MSA): An amount of money related to future medical expenses that must be ... See full document

... Operation and Maintenance of Plant: “Includes expenses for operations established to provide service and maintenance related to campus grounds and facilities used for educational and general purposes. Specific expenses ... See full document

... A BOUT J.P. M ORGAN I NVESTMENT A NALYTICS & C ONSULTING J.P. Morgan Investment Analytics and Consulting (IAC) helps institutional clients make more informed investment decisions and optimize their portfolios through ... See full document

... An independent person or firm who acts on behalf of the insured in placing business with the insurance company. Responsible for the collection of premiums but having no authority to give coverage on the ... See full document

... life insurance policy where an insurance company pays an income stream to an individual, usually until death, in exchange for the payment of a lump ...for insurance companies, and a possible source ... See full document

... Reinsurance is a form of insurance between insurers. It occurs when an insurer (the re-insurer) agrees to accept all or a position of a risk covered by another carrier. Sprit Mountain engaged the services of ... See full document

... obtaining insurance cover. Large commercial concerns may opt for self-insurance on the grounds that they are avoiding the extra expenses and profit loadings of an insurance policy and have ... See full document

... Sets whose members are sets are usually designated by script capitalletters. Chapter 16) designates a set of imputations, which are themselves ordered sets of payoffs, (Xl' ... , [r] ... See full document

... The financial aid terms offered here are intended for high school students, their families, and mentors. Applying for financial aid for college may seem overwhelming, like a maze. But the payoff can be ... See full document

... many terms used by the speci- fication Plumbing and Drainage Product Industry are unfamiliar to others, the Plumbing and Drainage Institute has expanded and revised this manual to include a comprehensive ... See full document

... The area of the body in which skin is taken to cover other parts of the body which are burned.. Dressing Change.[r] ... See full document

... It has been a major task to develop, compile and maintain a single information, knowledge and management system from the different systems in place throughout the previous eight councils. The restructure has affected the ... See full document

... in terms of modelling a CLO structure, the Diversity Score measures the number of uncorrelated and identical assets that would have a similar loss dis- tribution the actual portfolio of correlated ... See full document

... Similar provision, new section 703(l) of FISA, dealing with oversight, including congressional oversight, of procedures for acquisition of communications of persons reasonably believed t[r] ... See full document