Life insurance

Life insurance

Industry: Insurance

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Life insurance

Reinsurance ceded

Insurance; Life insurance

The unit of insurance transferred to a reinsurer by a ceding company.

Policy

Insurance; Life insurance

The written contract effecting insurance, or the certificate thereof, by whatever name called, and including all clause, riders, endorsements, and papers attached thereto and made a part thereof.

Reinsurance recoverables to policyholder surplus

Insurance; Life insurance

Measures a company's dependence upon its reinsurers and the potential exposure to adjustments on such reinsurance. Its determined from the total ceded reinsurance recoverables due from non-U.S. ...

Policyholder dividend ratio

Insurance; Life insurance

The ratio of dividends to policyholders related to net premiums earned.

Renewal

Insurance; Life insurance

The automatic re-establishment of in-force status effected by the payment of another premium.

Policyholder surplus

Insurance; Life insurance

The sum of paid in capital, paid in and contributed surplus, and net earned surplus, including voluntary contingency reserves. It also is the difference between total admitted assets and total ...

The dollar amount needed to replace damaged personal property or dwelling property without deducting for depreciation but limited by the maximum dollar amount shown on the declarations page of the ...