Similar words: insure against, insure, insured, usurer, measurer, treasurer, ensure, unsure. Meaning: [ɪn'ʃʊrər /-ʊərə] n. a financial institution that sells insurance.
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91) The insurable value of the subject matter insured shall be agreed upon between the insurer and the insured.
92) The term "unearned premium reserves" refers to the reserves made by an insurer for unexpired non-life insurance liabilities.
93) A breach of warranty may be waived by the insurer.
94) In the case of under-insurance, the insurer shall acquire the right to the subject matter insured in the proportion that the insured amount bears to the insured value.
95) Thus a combined ratio of 100 for crop hail insurance produces no profit for the insurer.
96) The adjustment of life insurance claims in this state by another insurer is impermissible.
97) If the insured amount is less than the insured value, the insurer shall retain part of the rights according to the proportion between the insured amount and the insured value.
98) The insurer shall not be liable for any loss arising from the perils insured against before the contract is terminated.
99) Under wantage insurance, when the loss is caused by a third party, the insurer gains the indemnity-recovering right of subrogation therefrom, provided that the insurer executed its duty of indemnity.
100) Coordinate with Insurer to maintain accurate & completed customer database , include submit credit application, turnover declaration etc.
101) Fifthly, at this stage, it is necessary to impose duty on the insurer to explain the warranty clause to the assured.
102) Payment of the premium is the most important obligation of the insured person, and is the proviso under which the insurance company will assume the responsibilities of the insurer.
103) It also follows the furore over bonuses paid to collapsed insurer AIG earlier this year.
104) "Any bond insurer that is making a decision about what to insure and what to charge for it should not care a whit about who is on the other side of the transaction," he said.
105) AIG's previous disposals include a majority stake in reinsurer Transatlantic Holdings Inc., a Tokyo office tower and an equipment insurer.
106) Where notice of abandonment is properly given, the rights of the assured are not prejudiced by the fact that the insurer refuses to accept the abandonment.
107) The business in which policy holders are entitled to participate in the distributable surplus of the insurer in addition to their contractual benefits.
108) Through establishing simple model, we analysis the moral hazard problem in different supervising levels of insurer and in different wealth levels of injurer.
109) But unlike traditional reinsurance offers backup coverage directly to a policyholder, rather than to the insurer.
110) The insurer should subrogate the right to require the third side to compensate in the range of insurance compensation.
111) Insurance law involves a contract between the insurer and the insured.
112) The insurer shall issue to the insured an insurance policy or other certificate of insurance in time, and the contents of the contract shall be contained therein.
113) The implied condition any be negative by showing that the delay was caused by circumstances known to the insurer before the contract was concluded, or by showing that he waived the condition.
114) A reinsurance arrangement allows a primary insurer with limited surplus to accept the larger-sized exposures that, in the absence of the reinsurance arrangement, it could not accept.
115) Any person who knowingly and with intent to injure, defraud or deceive any insurer,(www.Sentencedict.com) files a statement of claim.
116) In such cases, ordinary loss will quite possibly be included in a claim and met by the insurer .
117) The term "reserves for life insurance liabilities" refers to the reserves drawn by an insurer for unexpired life insurance liabilities.
118) Once the world's largest insurer, now AIG is theall the wrong reasons.
119) The article also discussed the rights and obligations for both policy holder and insurer.
120) If the insured person has an excess of $500 and the total repair costs $3,000, then the insured has to pay $500 while the insurer pays the remaining $2,500.
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