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surplus insurance

См. также в других словарях:

  • surplus line — adj: of, relating to, or being insurance provided by a company not authorized to do business in the state except through a specially licensed broker ◇ Surplus line insurance can only be purchased if efforts to acquire suitable insurance from… …   Law dictionary

  • surplus — ▪ I. surplus sur‧plus 1 [ˈsɜːpləs ǁ ˈsɜːr ] noun 1. [countable, uncountable] ECONOMICS an amount of something that is more than what is wanted, needed, or used: • Sugar prices fell after revised estimates of the surplus for the current crop year …   Financial and business terms

  • Surplus note — A Surplus note is a bond like instrument issued by an insurance company. These securities are subordinated obligations, and fall at the very bottom of the operating insurance company s capital structure. They are issued primarily by mutual… …   Wikipedia

  • Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …   Wikipedia

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • Surplus product — Part of a series on Marxism …   Wikipedia

  • Insurance cycle — “The tendency to swing between profitable and unprofitable periods over time is commonly known as the underwriting or insurance cycle. (Wikipedia article on Insurance) What is the Insurance Cycle Lloyd s Franchise Performance Director Rolf Tolle… …   Wikipedia

  • surplus line broker — An insurance broker whose business activities embrace variable risks and kinds of insurance. 29 Am J Rev ed Ins § 77 …   Ballentine's law dictionary

  • surplus — That which is not needed; that which is left over. Lawrence v American Surety Co. 263 Mich 586, 249 NW 3, 88 ALR 535. A fund constituting part of the capitalization of a corporation, accumulated by profits, earnings, and other increments. A fund… …   Ballentine's law dictionary

  • Admitted Insurance — Insurance purchased from a company that is admitted (or licensed) in the state in which the policy was sold. Admitted insurance must also be sold by an agent who is licensed in that state. By contrast, many states will allow non admitted carriers …   Investment dictionary

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