Important Dates to Know
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RELATED TERMS
  1. Aggregate Stop-Loss Reinsurance

    A type of reinsurance agreement in which losses over a specific ...
  2. Priori Loss Estimates

    A technique used by insurance companies to calculate loss reserves.
  3. Buyout Settlement Clause

    An insurance contract provision that allows the insured to refuse ...
  4. Contractors' All Risks (CAR) Insurance

    An insurance policy that provides coverage for both damage to ...
  5. Value Of Risk (VOR)

    The financial benefit that a risk-taking activity will bring ...
  6. Unilateral Extended Reporting Period Provision

    An insurance contract provision that allows the insured to extend ...
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    Find out why insurance companies and pension funds are considered carriers of financial instruments, and what role they play ...
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    Learn about moral hazard and adverse selection, how the two processes create undesired results, and the difference between ...
  3. What is the theory of asymmetric information in economics?

    Read a brief overview of asymmetric information theory in economics, the development of its main arguments and why some challenge ...
  4. What is the difference between the loss ratio and combined ratio?

    Learn about the loss ratio and combined ratio, what the two ratios measure and the main difference between the loss ratio ...

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