Unauthorized Reinsurance | Insurance Glossary

Definition of "Unauthorized reinsurance"

Reinsurance ceded to an insurance company that is a non admitted insurer.

A life estate right of a widow on the demise of her husband, if he dies intestate, to all his lands ...

Coverage usually provided as part of the special Multiperil insurance (smp) policy, generally replac ...

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

Same as term Calendar Year Experience: paid loss experience for the period of time from January 1 to ...

A wall or roof which extends beyond a lower wall. ...

Deed that states "love and affection" as the consideration for the gifted real estate. ...

A type of mortgage in which the interest rate is keyed to a certain economic index and is adjusted a ...

The public tax assessor value of a property as determined for the purpose of taxation. ...

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

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input par ...

Commercial insurance is designed to help protect many of the risks your business can face, including ...

A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off o ...

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