Insurer Finances Life And Health Property And Casualty

Definition of "Insurer finances: life and health, property and casualty"

Management of premium inflow and benefit outflow.

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Related Real Estate Glossary terms

Gross National Product (gnp)

Total value of all goods and services produced by companies located in the United States as well as ...

Adjuster

Insurance company employee who settles the damage to insured property. The insured is contacted, th ...

Avoidance

Technique of risk management. It ensures that an individual or business does not incur any liability ...

Burning Cost Ratio (pure Loss Cost)

Ratio of excess losses to premium income. Excess losses are those that a reinsurer is responsible fo ...

Credit Scoring

Objective method of appraising an applicant's credit standing by assigning values to factors such as ...

National Insurance Development Corporation

Government group that provides reinsurance for private insurers that write riot and civil commotion ...

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What Is A Basic Policy?

A basic policy is a homeowners insurance policy that covers certain perils. ...

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FSBO means for sale by owner. ...

What Is A Second Mortgage?

A second mortgage is a type of mortgage on property that has alien already on the first mortgage. Th ...

What Is PITI And What Does It Stand For?

PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

What Is Joint Tenancy?

A joint tenancy is an equal, undivided ownership in a property by two or more individuals. ...

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What happens when a property starts to depreciate? What is a default? What do I need to know about Indemnity Insurance? What is a lien? What is a deed?