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

The risk that cannot be covered by an insurance contract due to efficiency reasons. Insurance firms usually don't offer to...

The risk that cannot be covered by an insurance contract due to efficiency reasons. Insurance firms usually don't offer to...

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

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

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

A market in which insurance companies limit the supply of insurance and increase prices, leading to high levels of profitability....

A market that is characterized by high levels of competition among insurance firms, decreasing prices, and declining underwriting standards as...

In contract law, it is an agreement to an offer. Both offer and acceptance are essential for contract formation. For...

A life insurance policy option under which accrued dividends may be used to mature the policy as endowment insurance. This...