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Insurance

Retrospective rating

Risk premium adjustment, a technique allowing for the adjustment of the ultimate premium for a risk, with a predetermined upper and lower limit based on the real loss experience. This option is commonly utilized by major commercial insurance purchasers.

Primary company

Reinsurance, a common practice in the insurance industry, refers to the transfer of risk from one insurance company to another. The reinsurer, often a larger and more financ...

One common term used in the world of finance is "tort," which refers to an action that can potentially cause harm or injury to another person or their property. This term is...

An essential aspect of insurance policies is the notification of payment due to the insurance company. This request for payment of contractual benefits is initiated by eithe...

A health policy with the possibility of being terminated by the insurer at their discretion, without any specific reason required....

A convertible term policy is a type of insurance that offers the option to transition to permanent coverage, rather than terminating on a specific date. This allows policyho...

Admitted company

A licensed and authorized insurance company operates within a specific state or country. This entity is responsible for providing insurance coverage to individuals and busin...

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Commodity

All terms related to the basic goods used in commerce that are interchangeable with other goods of t

Financial Instruments

Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various

Gold

All terms and concepts related to the precious metal gold, including its price, trading, investment,

Technicals

All terms and concepts related to technical analysis in finance, which involves using historical pri

Public Offerings

All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

Insurance

All terms and concepts related to insurance, which is a financial arrangement that provides protecti

Fixed Income

Investments that provide regular, fixed payments, such as bonds and treasury bills.

Credit Cards

All terms and concepts related to the use, features, and management of payment cards allowing users

Market Entities

All terms related to various types of organizations or individuals, like investors, banks, insurers,

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