TENDENCIES OF USE OF THE TERM «FIRST-LOSS POLICY»
The term «first-loss policy» is barely ever used and occupies the
197.116 position in our list of most widely used terms in the
English dictionary.
The map shown above gives the frequency of use of the term «first-loss policy» in the different countries.
Principal search tendencies and common uses of
first-loss policy
List of principal searches undertaken by users to access our
English online dictionary and most widely used expressions with the word «first-loss policy».
10 ENGLISH BOOKS RELATING TO «FIRST-LOSS POLICY»
Discover the use of
first-loss policy in the following bibliographical selection. Books relating to
first-loss policy and brief extracts from same to provide context of its use in English literature.
D. Barlow Burke. been paid; this is typically done in a separate and junior
mortgage on the realty, executed at the time the claim is paid. A reservation of
subrogation rights is typically requested by the insurer as well. A first loss
endorsement is ...
2
A Dictionary of Finance and Banking
Compare LAsT IN, EIRsT oUT. first-line reserves Liquid reserves held by a
central bank for intervention in the currency market. first-loss guarantee An
agreement to guarantee losses in order to enhance the credit of a security. first-
loss policy A ...
Jonathan Law, John Smullen, 2008
3
Managing Life Insurance
... agreed upon to be less than real value. Pro rata average can be waived. For
example, where the value is Rs 10 million (1 crore), the sum insured may be fixed
at a percentage of say 25% or 30% of value. This is known as a first loss policy.
SHASHIDHARAN K. KUTTY, 2008
The first policy, called first loss policy, covers stock for an agreed amount below
which the stock never falls. The balance of stock, if any, at the time of loss is
covered by the excess policy. The insured is required to declare the actual value
of ...
5
Adkisson's Captive Insurance Companies: An Introduction to ...
The second type of policy was a first-loss policy that covered the first $1 million of
a loss. Plaintiff purchased first-loss policy insurance for property that it had
insured with Oil Insurance Limited (“OIL”) and for which there existed a $1 million
13 ...
6
Marine Insurance Clauses
Such an insurance programme would result in the first insurance becoming a first
loss policy and would distort the premium/loss ratio figures. It was for the above
reasons that the Disbursements Clause was introduced with a view to limiting ...
Geoffrey N Hudson, Tim Madge, Keith Sturges, 2013
7
Earthquake Insurance in Turkey: History of the Turkish ...
In 2003 the TCIP board decided to address this problem by launching a special
training program that emphasizes the TCIP's “first-loss” policy and targets
individuals and institutions lacking professional loss adjustment experience but ...
8
Warranties in Marine Insurance
Such an insurance programme would result in the first insurance becoming a first
loss policy and would distort the premium loss ratio figure. (d) Institute
classification warranty 2.61 The 1995 version of Institute Hull Clauses102 (both
time and ...
9
Working with Words: An Introduction to English Linguistics
The CED provides the headword first-loss policy for the very specific meaning «
an insurance policy for goods in which a total loss is extremely unlikely and the
insurer agrees to provide cover for a sum less than the total value of the property
».
Miguel Fuster Márquez, 2011
10
Effective insurance: a guide for buyer and seller
Notwithstanding Statutory Condition 3l1l contained in the first loss policy the
lnsured is only required to give the Excess lnsurer notice of any accident if the
claim or claims possibly arising therefrom appear likely to exceed the first loss ...
Francis Tierney, M. Belch, Paul Braithwaite, 1984
NEWS ITEMS WHICH INCLUDE THE TERM «FIRST-LOSS POLICY»
Find out what the national and international press are talking about and how the term
first-loss policy is used in the context of the following news items.
Political, security risks may double IPL insurance rates
A first-loss policy insures against events where the total loss is extremely rare. "Reinsurers are asking for more than double the price than last ... «Economic Times, Mar 14»
