Insurer
71Finite Risk insurance — is the term applied within the insurance industry to describe an Alternative Risk Transfer product that is typically a multi year insurance contract where the insurer bears limited underwriting, credit, investment and timing risk. The assessment… …
72Monoline insurance — Monoline insurers (also referred to as monoline insurance companies or simply monolines ) guarantee the timely repayment of bond principal and interest when an issuer defaults. They are so named because they provide services to only one industry …
73Defense Base Act — The Defense Base Act (DBA) (ch. 357 of the 77th United States Congress, 55 Stat. 622, enacted August 16, 1941, codified at 42 U.S.C. §§ 1651–1654) is an extension of the federal workers compensation program that covers… …
74subrogation — sub·ro·ga·tion /ˌsə brō gā shən/ n 1: an equitable doctrine holding that when a third party pays a creditor or obligee the third party succeeds to the creditor s rights against the debtor or obligor; also: a doctrine holding that when an… …
75MetLife — MetLife, Inc. Type Public Traded as NYSE: MET Industry …
76reinsurance — A contract by which an insurer procures a third person to insure him against loss or liability by reason of original insurance. A contract that one insurer makes with another to protect the latter from a risk already assumed. It binds the… …
77Vehicle insurance — Vehicle insurance, in exchange for a premium, will pay valid claims arising out of traffic collisions Vehicle insurance (also known as auto insurance, gap insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks,… …
78UnitedHealth Group — Inc. Type Public Traded as NYSE: UNH …
79Captive insurance — companies are insurance companies established with the specific objective of financing risks emanating from their parent group or groups but they sometimes also insure risks of the group s customers as well. Using a captive insurer is a risk… …
80Medical underwriting — is an insurance term referring to the use of medical or health status information in the evaluation of an applicant for coverage (typically for life or health insurance). As part of the underwriting process, health information may be used in… …
