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Accounting
Banking

Indexed Annuities

A type of annuity in which an insurance firm credits an annuity owner with a return that is based on...

Insurance Pricing

The process whereby an insurer (insurance company) determines premium rates in a level adequate to cover and account for expected...

Insurance Adjustment

The determination of the amount due for payment under a policy of insurance. Insurance adjustment denotes the determination of the...

Insurability

The possibility, ability, and readiness of an insurance firm (insurer) to insure (provide insurance coverage to) a particular type of...

Insurance Contract

A contract under which an insurance provider (the issuer/ insurance company) accepts significant insurance risks from, and to the benefit...

Insurable Risk

The risk that can be covered by an insurance contract. It falls within the set of insurance risks that constitutes...

Insured Risk

The risk that is covered by an insurance contract for a specific period. In other words, it is the subject...

Insurance Risk

The risk, other than financial risk, that is transferred from the holder of an insurance contract to the issuer. This...