Captive Insurer

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Captive Insurer an insurance company established by a parent firm for the purpose of insuring the parent's exposures. What is Captive Insurer , What does mean Captive Insurer , Insurance Guide, Insurance Glossary

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  • Individual Annuities – Special Insurance Glossary
    Individual Annuities – Special contracts with certain noteworthy attributes. What is Individual Annuities – Special , What does mean Individual Annuities – Sp... more
  • Travel Coverage Insurance Glossary
    Travel Coverage covers financial loss due to trip cancellation/interruption; lost or damaged baggage; trip or baggage delays; missed connections and/or changes... more
  • Personal Earthquake Insurance Glossary
    Personal Earthquake earthquake property coverage for personal, family or household purposes. What is Personal Earthquake , What does mean Personal Earthquake... more
  • Subsequent Event Insurance Glossary
    Subsequent Event events or transactions that occur subsequent to the balance sheet date, but before the issuance of the statutory financial statements and befor... more
  • Group Code Insurance Glossary
    Group Code a unique three to five digit number assigned by the NAIC to identify those companies that are part of a larger group of insurance companies. What i... more
  • Unpaid Losses Insurance Glossary
    Unpaid Losses claims that are in the course of settlement. The term may also include claims that have been incurred but not reported. What is Unpaid Losses ,... more
  • Catastrophe Bonds Insurance Glossary
    Catastrophe Bonds Bonds issued by an insurance company with funding tied to the company's losses from disasters, or acts of God. A loss exceeding a certain size... more
  • Allied Lines Insurance Glossary
    Allied Lines coverages which are generally written with property insurance, e.g., glass, tornado, windstorm and hail; sprinkler and water damage; explosion, rio... more
  • Kidnap/Ransom Insurance Insurance Glossary
    Kidnap/Ransom Insurance coverage for ransom or extortion costs and related expenses. What is Kidnap/Ransom Insurance , What does mean Kidnap/Ransom Insurance... more
  • Loss Frequency incidence Insurance Glossary
    Loss Frequency incidence of claims on a policy during a premium period. What is Loss Frequency incidence, What does mean Loss Frequency incidence, Insurance G... more
  • Encumbrance Insurance Glossary
    Encumbrance outstanding mortgages or other debt related to real estate and any unpaid accrued acquisition or construction costs. What is Encumbrance , What do... more
  • Appraisal Insurance Glossary
    Appraisal an estimate of value. What is Appraisal , What does mean Appraisal , Insurance Guide, Insurance Glossary
  • Incurred Losses Insurance Glossary
    Incurred Losses sustained losses, paid or not, during a specified time period. Incurred losses are typically found by combining losses paid during the period pl... more
  • Auto Physical Damage Insurance Glossary
    Auto Physical Damage motor vehicle insurance coverage (including collision, vandalism, fire and theft) that insures against material damage to the insured's veh... more
  • Effective Date Insurance Glossary
    Effective Date date at which an insurance policy goes into force. What is Effective Date , What does mean Effective Date , Insurance Guide, Insurance Glossary
  • Loss Reserves an estimate Insurance Glossary
    Loss Reserves an estimate of liability or provision in an insurer's financial statement, indicating the amount the insurer expects to pay for losses incurred bu... more
  • Mutual Insurance Company Insurance Glossary
    Mutual Insurance Company a privately held insurer owned by its policyholders, operated as a non profit that may or may not be incorporated. What is Mutual Insu... more
  • Medigap supplementary private health insurance Insurance Glossary
    Medigap supplementary private health insurance products to Medicare insurance benefits. What is Medigap supplementary private health insurance, What does mean... more
  • Pure Premium Insurance Glossary
    Pure Premium that portion of the premium equal to expected losses void of insurance company expenses, premium taxes, contingencies, or profit margin. What is... more
  • Fire Insurance Glossary
    Fire coverage protecting the insured against the loss to real or personal property from damage caused by the peril of fire or lightning, including business inte... more
  • Medicare Supplement Insurance Glossary
    Medicare Supplement Insurance coverage sold on an individual or group basis to help fill the "gaps" in the protections granted by the federal Medicare program.... more