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Banking

Future Profit in an Insurance Contract

The insurance service result which represents the profit earned from providing insurance coverage. It is the excess of the insurance...

Financial Risk

In relation to insurance and insurance contracts, financial risk refers to the type of risk that affects a contract's future...

Front-End Load

An amount (of costs) that is charged at the beginning of an insurance policy rather than in smaller amounts spread...

Front-End Loaded

A situation where most of the management fees/ charges/ commissions (for underwriting, brokerage, and marketing, etc.) arising in connection with...

Floater Insurance Policy

A form of property insurance that covers movables or mobile items- i.e., items that are moved from a place to...

Floater Policy

A form of property insurance that covers movables or mobile items- i.e., items that are moved from a place to...

Floater

A form of property insurance that covers movables or mobile items- i.e., items that are moved from a place to...

Fulfillment Cash Flows

According to international accounting standards, this refers to the risk-adjusted present value of an insurer's rights on and obligations to...

FCF

It stands for fulfillment cash flows; according to international accounting standards, this refers to the risk-adjusted present value of an...