London Insurance And Reinsurance Market Association Lirma


Definition of "London insurance and reinsurance market association (lirma)"

Association that represents reinsurance companies as well as insurance companies that do not market marine insurance. LIRMA and the institute of London underwriters share the same facility for processing policies and claims.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Superseded Suretyship Rider

Endorsement to a fidelity bond or surety bond to cover losses that occurred after lapse of the disco ...

Sign Floater Insurance

Endorsement to a business property floater policy that covers neon signs for all perils, both while ...

Title Insurance

Insurance against loss arising from problems connected to the title to property. A home may go thr ...

Voluntary Deductible Employee Contribution Plan

Pension plan that allows an employee to contribute by electing to have money deducted from each payc ...

Advanced Life Underwriting

Process of analyzing complex personal and business cases according to tax and estate planning requir ...

Private Placement

Technique used by insurance companies in the purchasing of debt obligations of corporations as a mea ...

Related Real Estate FAQ

What Is A Loan-to-value (LTD) Ratio?

A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 per ...

What Is A Loan Origination Fee?

A loan origination fee is a fee charged by the lender-usually 1 percent of the loan amount. ...

What Is A Mortgagor?

A mortgagor is the borrower. ...

What Is Homeowners Insurance?

Homeowners insurance is an insurance policy that combines personal liability insurance and hazard in ...

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obli ...

What Are Comparables Or Comps?

Recently sold properties that are similar in size, location, and amenities to the home for sale. The ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

5 signs of house foundation problems What is the Best Time of Year to Buy a Home? 7 Things to Consider Before Moving to a New City 3 tips to ensure your sale goes through Home Prices - The Extra Costs

FAQ

What is a foreclosure? How can I protect my Home Office? What is a debt-to-income ratio? What do I need to know about Group Health Insurance? What is Long Term Care Insurance?