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Regulatory Pricing Risk

The risk that arises when regulators (insurance regulators) restrict the premium rates that insurance firms are allowed to charge. In...

Financial Risk

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

Monoline Insurance Policy

An insurance policy that covers only one specific type of risk (insurance risk). Examples of a monoline insurance policy include...

Monoline Policy

An insurance policy that covers only one specific type of risk (insurance risk). Examples of a monoline policy include life...

Monoline Derivative

A derivative with a monoline insurer- i.e., an insurer that is specialized in a single line of insurance (a monoline)....

Unexpired Risk

The risk (insurance risk) that is associated with claims that are likely to arise in the future on a policy...

PDR

It stands for premium deficiency reserve; an amount (provision or reserve) that an insurance company sets aside, on its the...

Premium Deficiency Reserve

An amount (provision or reserve) that an insurance company sets aside, on its the balance sheet, in addition to unearned...

URP

It stands for unexpired risk provision; an amount that an insurance company sets aside, on its the balance sheet, in...

Provision for Unexpired Risks

An amount that an insurance company sets aside, on its the balance sheet, in addition to unearned premiums in connection...