Medi Assist Healthcare IPO

Home Insurance

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

Captive agent

A captive agent is an individual who exclusively represents a single insurance company and is bound by contract to only submit business to that company. They are not allowed to work with any other insurance company unless their captive company declines the business first. This arrangement often limits the options available to the client, as the captive agent is not able to provide quotes from other companies.

Actuary

In the realm of finance, there exists a skilled individual known as an insurance professional. This expert is well-versed in the analysis, evaluation, and management of stat...

More

Pro-rata treaties

Reinsurance agreements refer to contracts where the sharing of premiums and losses is based on a predetermined ratio. This is a common practice in the insurance industry, al...

More

Financing

As we delve into the world of finance, it is imperative to understand the crucial role played by planning and controlling the supply of funds. This function involves careful...

More

Policy Bonuses

Participating policies offer policyholders the opportunity to receive a portion of the company's profits through bonuses. These bonuses are typically divided into two types ...

More