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.
Popular Insurance Terms
Expenses that have or may not yet have been paid by an insurance company. ...
Entity with exchange or commercial value, such as the book value of property owned by an insurance company as listed on its balance sheet. ...
Benefits payable under any insurance policy or annuity contract. ...
Statement in which a life insurance applicant is charged a higher-than-standard premium to reflect a unique impairment, occupation, or hobby, such as a history of heart disease or a circus ...
Life insurance premium that is not currently due. Future payments are made on a frequency basis other than annual. ...
Term used for a general class of insurance such as life insurance, property insurance, or workers compensation insurance. ...
Display of percentage of earned premiums as a function of the time in days for term property insurance policies originally written for one year or longer. These tables are used to compute ...
Insurance for accountants covering liability lawsuits arising from their professional activities. For example, an investor bases a buying decision on the balance sheet of a company's annual ...
In insurance, debit agents list of total premiums to be collected. This also applies to the geographical area in which an agent collects the premiums. ...
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