Casualty insurance

Casualty insurance

That type of insurance that is primarily concerned with losses caused by injuries to persons and legal liability imposed upon the insured for such injury or for damage to property of others. It also includes such diverse forms as plate glass, insurance against crime, such as robbery, burglary and forgery, boiler and machinery insurance and Aviation insurance. Many casualty companies also write surety business.

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Part of Speech: noun
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Industry/Domain: Insurance
Category: Life insurance
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casualty insurance

Convention; Conferences

A type of insurance that is primarily concerned with the legal liability for losses caused by injury to persons or damage to the property of others.

casualty-insurance

Financial services; General Finance

Insurance protecting a firm or homeowner against loss of property, damage, and other liabilities.

casualty insurance

Insurance; Life insurance

That type of insurance that is primarily concerned with losses caused by injuries to persons and legal liability imposed upon the insured for such injury or for damage to property ...

insurance

Economy; Economics

In economic terms, anything used to reduce the downside of risk. In its most familiar form, insurance is provided through a policy purchased from an insurance company. But a ...

insurance

Economy; International economics

A financial arrangement to reduce risk. The purchaser of insurance pays a fixed amount, in return for which the seller agrees to pay some larger amount if an unlikely adverse ...

insurance

Games; Poker

A "business" deal in which players agree to split or reduce a pot (roughly in proportion to the chances of each of them winning) with more cards to come rather than playing out ...

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