Insurance Terms

  1. Any-Occupation Policy

  2. Appleton Rule

  3. Apportionment

  4. Appurtenance

  5. Associate In Claims - AIC

  6. Associate In Information Technology - AIT

  7. Associate In Insurance Accounting And Finance - AIAF

  8. Associate In Loss Control Management - ALCM

  9. Associate In Management (AIM)

  10. Associate In Marine Insurance Management - AMIM

  11. Associate In Premium Auditing - APA

  12. Associate In Research And Planning - ARP

  13. Associate in Risk Management - ARM

  14. Associate In Underwriting - AU

  15. Association Of British Insurers - ABI

  16. Assumed Interest Rate - AIR

  17. Assumption Endorsement

  18. Assurance

  19. Asymmetric Information

  20. Attained Age

  21. Audit Risk

  22. Auto Insurance

  23. Average Indexed Monthly Earnings - AIME

  24. B3/B-

  25. Bailee's Customers Insurance

  26. Balance Sheet Reserves

  27. Bancassurance

  28. Bank Insurance

  29. Bank Insurance Fund (BIF)

  30. Bank Letter Of Credit Policy

  31. Bank-Owned Life Insurance - BOLI

  32. Banker's Blanket Bond

  33. Benchmark Surplus

  34. Beneficiary

  35. Beneficiary Clause

  36. Benefit Expense Ratio

  37. Benefit Period

  38. Betterment Insurance

  39. Blanket Bond

  40. Blanket Honesty Bond

  41. Blanket Insurance

  42. Blockbuster Drug

  43. Bond Insurance

  44. Both-To-Blame Collision Clause

  45. Breeder's Insurance Policy

  46. Bridge Insurance

  47. Broad Evidence Rule

  48. Broad Form Insurance

  49. Broad Form Personal Theft Insurance

  50. Broad Form Property Damage Endorsement

  51. Broad Form Storekeepers' Insurance

  52. Broker Of Record

  53. Brokerage Department

  54. Brokerage Fee

  55. Brokerage General Agent

  56. Builders Risk Coverage Form

  57. Builders Risk Hull Insurance

  58. Building And Personal Property Coverage Form

  59. Bumbershoot Policy

  60. Bundling

  61. Bureau Rate

  62. Burial Insurance

  63. Burning Cost Ratio

  64. Business And Personal Property Coverage Form - BPPCF

  65. Business Auto Coverage Form

  66. Business Automobile Policy - BAP

  67. Business Continuation Insurance

  68. Business Crime Insurance

  69. Business Income Coverage Form

  70. Business Insurance

  71. Business Interruption Insurance

  72. Business Liability Insurance

  73. Business Owner Policy - BOP

  74. Business Risk Exclusion

  75. Buy And Homework

  76. Bypass Trust

  77. Calendar Year Accounting Incurred Losses

  78. Calendar Year Experience

  79. Canadian Council Of Insurance Regulators - CCIR 

  80. Canadian Deposit Insurance Corporation - CDIC

  81. Canadian Institute Of Actuaries - CIA

  82. Cancelable Insurance

  83. Cancellation Provision Clause

  84. Capital Stock Insurance Companies

  85. Capitated Contract

  86. Capitation Payments

  87. Captive Agent

  88. Captive Insurance Company

  89. Cash Accumulation Method

  90. Cash Flow Underwriting

  91. Cash Surrender Value

  92. Cash-Value Life Insurance

  93. Casualty And Theft Losses

  94. Casualty Insurance

  95. Cat Spread

  96. Catastrophe Excess Reinsurance

  97. Catastrophe Futures

  98. Catastrophe Insurance

  99. Catastrophe Loss Index - CLI

  100. Catastrophic Illness Insurance

Hot Definitions
  1. Degree Of Financial Leverage - DFL

    A ratio that measures the sensitivity of a company’s earnings per share (EPS) to fluctuations in its operating income, as a result of changes in its capital structure. Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in earnings before interest and taxes (EBIT).
  2. Jeff Bezos

    Self-made billionaire Jeff Bezos is famous for founding online retail giant Amazon.com.
  3. Re-fracking

    Re-fracking is the practice of returning to older wells that had been fracked in the recent past to capitalize on newer, more effective extraction technology. Re-fracking can be effective on especially tight oil deposits – where the shale products low yields – to extend their productivity.
  4. TIMP (acronym)

    'TIMP' is an acronym that stands for 'Turkey, Indonesia, Mexico and Philippines.' Similar to BRIC (Brazil, Russia, India and China), the acronym was coined by and investor/economist to group fast-growing emerging market economies in similar states of economic development.
  5. Pension Risk Transfer

    When a defined benefit pension provider offloads some or all of the plan’s risk – e.g.: retirement payment liabilities to former employee beneficiaries. The plan sponsor can do this by offering vested plan participants a lump-sum payment to voluntarily leave the plan, or by negotiating with an insurance company to take on the responsibility for paying benefits.
  6. XW

    A symbol used to signify that a security is trading ex-warrant. XW is one of many alphabetic qualifiers that act as a shorthand to tell investors key information about a specific security in a stock quote. These qualifiers should not be confused with ticker symbols, some of which, like qualifiers, are just one or two letters.
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