A type of reserve that an insurance company (insurer) is required to create as a cushion against losses (generally, fluctuations)...

In insurance and insurance accounting, granularity reflects the level of detail at which an actuary makes estimates (specifically, in relation...

The amount that an insured has to pay towards making a claim. The policy excess is clearly set out in...

The amount that an insured has to pay towards making a claim. The policy excess is clearly set out in...

The interest amount that is credited to the insurance policy account of an insured over and above the minimum amount...

The intentional or planned acceptance to handle a specific type of risk and all potential losses "in-house" by an entity....

A reserve that is maintained by an insurance company (in connection with life insurance) under a situation where the value...

A contract (an insurance contract) involving retirement plans that is entered into by an investor and an insurance firm. The...

It stands for guaranteed investment contract; a contract (an insurance contract) involving retirement plans that is entered into by an...

The danger or possibility that a portfolio of an insurance firm, pension scheme or any annuity-paying institution will suffer a...