Tag: Insurance Policy
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Reinsurance Renewals for 2025: Expectations and Insights
As we approach the reinsurance renewals for 2025, several key factors are shaping the landscape. The reinsurance market is influenced by a variety of elements including economic conditions, natural catastrophe trends, regulatory changes, and evolving risk profiles. Understanding these dynamics is crucial for stakeholders in… Read more
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Different Kinds of Fires Covered in an Insurance Policy
When it comes to insurance policies, particularly those related to property and home insurance, understanding the types of fires that are covered is crucial for policyholders. Fire coverage can vary significantly between different insurance providers and policies, but generally, there are several common categories of… Read more
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The Relationship Between Insurance Cover and War
1. War Risk Insurance War risk insurance is a specialized form of coverage designed to protect policyholders from financial losses resulting from events associated with war, including invasions, insurrections, riots, strikes, revolutions, military coups, and terrorism. Standard insurance policies typically exclude these risks due to… Read more
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Risk Retention Groups (RRGs)
A Risk Retention Group (RRG) is a type of insurance company owned and controlled by its policyholders. Read more
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A Real Insurance Underwriter
How an insurance underwriter can truly embody the essence of their profession and excel in their role. Read more
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Insured Should Ensure in Any Insurance Cover
When obtaining an insurance policy, it is essential for the insured to carefully review the terms and conditions to ensure they have adequate coverage. Here are some key aspects that the insured should make sure to have in any insurance cover: Read more
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Embedded Insurance
Embedded Insurance: refers to insurance coverage that is integrated into the purchase of a product or service, providing consumers with seamless protection without the need for separate transactions. Read more
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Decennial Liability Insurance: Policy Wordings French vs. German
French Decennial Liability Insurance: In France, decennial liability insurance, known as “assurance décennale,” Read more
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The Intersection Between Underwriting and Sales in an Insurance Company
In the context of an insurance company, the intersection between underwriting and sales is a critical aspect of the business. Underwriting and sales are two distinct functions within an insurance company, but they are closely interconnected and play a vital role in the success of… Read more
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Signs of Probable Faulting Insurance Company
1. Declining Financial Performance. 2. Regulatory Actions. 3. Ratings Downgrades. 4. Solvency Concerns… Read more
