Alliance Of American Insurers - AAI


DEFINITION of 'Alliance Of American Insurers - AAI'

A coalition consisting primarily of property-casualty insurance carriers. The Alliance of American Insurers was formed in order to provide political clout for the property-casualty insurance industry. It pursues various activities directed toward promoting its objectives to both politicians and the public.

BREAKING DOWN 'Alliance Of American Insurers - AAI'

The Alliance of American Insurers is headquartered in Chicago, Illinois. The alliance promotes its objectives through various means, such as the distribution of printed material. It also conducts demographic research and provides educational programs to employees of member companies.

  1. Casualty Insurance

    A broad category of coverage against loss of property, damage ...
  2. Property

    1. Anything over which a person or business has legal title. ...
  3. Insurance

    A contract (policy) in which an individual or entity receives ...
  4. Demographics

    Studies of a population based on factors such as age, race, sex, ...
  5. Crowding Out Effect

    An economic theory stipulating that rises in public sector spending ...
  6. Indemnity

    Indemnity is compensation for damages or loss. Indemnity in the ...
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