insurance business definition

insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.
insurance business means the undertaking or assumption of liability as an insurer under a contract of insurance:
insurance business means the business of effecting and carrying out contracts—

Examples of insurance business in a sentence

  • The Parties will adopt and/or maintain procedures to ensure that each has in place arrangements for the identification and management of any conflicts of interest that may arise in relation to any Insurance Business.

  • Each of the Parties will treat information received from the other relating to this Agreement and to the Insurance Business as confidential and will not disclose it to any other person not entitled to receive such information except as may be necessary to fulfil their respective obligations in the conduct of the Insurance Business and except as may be required by law or regulatory authority.

  • The Broker will comply with relevant regulatory, fiduciary and legal requirements regarding disclosure of all forms of remuneration from any arrangements it may have for remuneration in connection with Insurance Business.

  • By accepting these Terms of Insurance Business document, you are giving your consent for us to operate in this way.

  • Each Party will notify the other in accordance with the rules of the UK Regulator (or other EEA regulatory body) of any complaint concerning the other Party relating to Insurance Business subject to this Agreement.

More Definitions of insurance business

insurance business means the business of undertaking liability under a contract of insurance to indemnify or compensate a person in respect of loss or damage, including the liability to pay damages or compensation contingent upon the happening of a specified event, and includes life insurance business and reinsurance business.
insurance business. Any insurances or reinsurances falling within the definition ofcontract of insurance” in Article 3(1) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001.
insurance business means the business of, or in relation to the issue of, or the undertaking of liability under, life policies, or to make good or indemnify the insured against any loss or damage, including liability to pay damages or compensation contingent upon the happening of a specified event;
insurance business means business of any of the classes of business specified in the Schedule;
insurance business means the business of an insurer in effecting, issuing and carrying out insurance;
insurance business. ’ means life insurance business or non-life insurance business conducted or regarded as being conducted in the Republic, and includes reinsurance business;
insurance business means the short-term insurance business of the Insurer;