Insurer
31insurer — n. 1 a person or company offering insurance policies for premiums; an underwriter. 2 a person who takes out insurance …
32Alien Insurer — An insurer that is formed following the laws of one country and offers insurance or reinsurance in another country. For example, an insurer that is formed under the laws of Germany that wishes to offer insurance in the United States is an alien… …
33Unauthorized Insurer — A company that poses as an authorized provider of a financial protection plan. Unauthorized insurers are fraudulent operations that take advantage of consumers and sometimes even insurance agents to collect premiums on nonexistent policies.… …
34monoline insurer — Specialist insurer whose sole business is the provision of financial guarantee insurance. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …
35co-insurer — co insurance ˈco inˌsurance noun [uncountable] INSURANCE when two or more insurers share a particular risk: • Under co insurance, private brokers assume 20% of the risk in insuring mortgages for multi family apartment blocks, and the federal… …
36self-insurer — self insure ˌself inˈsure verb [intransitive, transitive] INSURANCE in the US and some other countries, if a company self insures, it keeps money specially to pay for any accidents to employees, harm caused to others etc, instead of buying… …
37prudent insurer — A theoretical insurer who needs to know all the material facts before entering into a contract of insurance. The insured must not conceal any information that a prudent insurer would need to know in assessing a risk …
38abandonment to insurer — The act of the insured in notifying the insurer that owing to damage done to the subject of the insurance he elects to take the amount of the insurance in the place of the subject thereof, the remnant of which he cedes to the insurer. 29A Am J… …
39subrogation of insurer — The right of an insurer on payment of a loss to be subrogated pro tanto to any right of action which the insured may have had against any third person whose wrongful act or neglect caused the loss insured against by the insurer. 29A Am J Rev ed… …
40Suva (insurer) — For the Fijian capital city see Suva. The Suva, headquartered in Lucerne, is a public sector insurer and leading provider of health care coverage for employees in case of accidents in Switzerland.The name is the abbreviation of Schweizerische… …
