Insurance Definitions - E

Topics:
Insurance
Tags:
Business Operations,
Castle Rock Insurance Agency,
Corporate Insurance,
Finance,
Financial,
Financial Planning,
Insurance,
Insurance Premium
Source:
Castle Rock Insurance Agency

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Overview: This paper defines various terms of Insurance which Starts with E for e.g. EARLY WARNING SYSTEM: A system of measuring insurers' financial stability set up by insurance industry regulators. An example is the Insurance Regulatory Information System (IRIS), which uses financial ratios to identify insurers in need of regulatory attention; EARNED PREMIUM: The portion of premium that applies to the expired part of the policy period. Insurance premiums are payable in advance but the insurance company does not fully earn them until the policy period expires.

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Format: PDF | Size: 5KB | Date: Jan 2009 | Pages: 2

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