Insurance Definitions - C

Topics:
Insurance
Tags:
Business Operations,
Software Development,
Programming Languages,
Insurance Company,
Insurance,
Financial Planning,
Financial Accounting,
Financial,
Finance,
Corporate Insurance,
...
Source:
Castle Rock Insurance Agency

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Overview: This paper defines various terms of Insurance which Starts with C for e.g. C-SHARE VARIABLE ANNUITIES: A form of variable annuity contract where the contract holder pays no sales up front or surrender charges. Owners can claim full liquidity at any time; CAPACITY: The supply of insurance available to meet demand. Capacity depends on the industry's financial ability to accept risk. For an individual insurer, the maximum amount of risk it can underwrite based on its financial condition. The adequacy of an insurer's capital relative to its exposure to loss is an important measure of solvency.

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Format: PDF | Size: 9KB | Date: Jan 2009 | Pages: 3

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