Insurance entity definition

Insurance entity means a reinsurer, an insurer, an insur- ance pool, or an underwriting association.
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Insurance entity means Waterway Trails Inc., a Texas corporation, and each other direct or indirect wholly-owned Subsidiary formed in connection with any captive insurance program of the Borrower and/or its Subsidiaries that is so designated as an Insurance Entity from time to time by the Borrower hereunder and is approved by the Agents.
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Insurance entity means, collectively, State Auto Mutual and the Subsidiaries of State Auto Mutual licensed to underwrite property and casualty insurance.
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Examples of Insurance entity in a sentence

  • Act of December 27, 1974, P.L. 995, as amended, 63 P.S. § 485.21(11).

  • The Social Insurance Arbitral Council deemed that the situation at hand fell within the scope of Article 40 of Community Regulation 1408/71, and that the decision taken by the French Insurance entity, was binding on the Luxembourg entity.

  • If unsure, contact the state Medicaid agency.*** Contact the appropriate State Department of Insurance entity for your state.

  • The large real estate portfolio in the Insurance entity creates a real estate risk.

  • All values are (unless otherwise stated) as at 31 December 2017.WHO WE ARELegal & General Insurance Limited (the Company’) is the General Insurance entity of the wider Legal & General Group Plc (‘the Group’), which is one of the world’s largest insurance and investment management Groups, with assets under management of £983bn (2016: £894bn) at 31 December 2017.

  • As the federal government is privy to more information than private insurance companies, it would seem most prudent for the federal government to create a Federal Cybersecurity Insurance entity.

  • Insurance entity - All forms of insurers, insurance intermediary or other intermediary related to the insurance market falling within the purview of jurisdiction of the insurance supervisor.

  • The Insurance entity must purchase the necessary reinsurance cover for the difference between the risk underwritten and the maximum risk retention level.

  • Share risk: CPPI (Constant Proportion Portfolio Insurance) and put optionsThe share position of the Insurance entity is protected by means of a CPPI structure and a portfolio of put options on the AEX.

  • Insurance (entity) The party, in an insurance contract, has an obligation to compensate the policyholder in the event of the insured event.


More Definitions of Insurance entity

Insurance entity means a reinsurer, an insurer, an insurance pool, or an underwriting association.
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Insurance entity means any entity whose business predominantly consists of the conduct of insurance business as defined in registered banks’ conditions of registration;
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Insurance entity or “insuring entity” means:
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Insurance entity means any insurance company, reinsurance company, managing general agency, broker or insurance supplier, whether or not an Affiliate of Borrower.
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Insurance entity means any Entity, including any insurance company, broker, or guaranty association, that has issued, or that has or had actual or potential liability, duties or obligations under or with respect to any Insurance Policy or any agreements or settlements relating to any Insurance Policy.
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Related to Insurance entity

  • Insurance group means the persons that comprise an insurance holding company system.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Insurance Subsidiary means any Subsidiary that is licensed by any Applicable Insurance Regulatory Authority to conduct, and conducts, an Insurance Business.

  • Insurance carrier means every insurance carrier duly

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Insurance Rent the sums described in paragraph 1.1 of Schedule 4; “Insured Risks” the risks of fire (including subterranean fire), lightning, explosion, storm, flood, subsidence, landslip, heave, earthquake, burst or overflowing water pipes, tanks or apparatus, impact by aircraft or other aerial devices and any articles dropped from them, impact by vehicles, terrorism, riot, civil commotion and malicious damage to the extent, in each case, that cover is generally available on normal commercial terms in the UK insurance market at the time the insurance is taken out, and any other risks against which the Landlord reasonably insures from time to time, subject in all cases to any excesses, limitations and exclusions imposed by the insurers;20

  • Insurance Regulator means any Person charged with the administration, oversight or enforcement of any Insurance Regulation.

  • Insurance Subsidiaries means, collectively, MGMM Insurance Company, a Nevada corporation and any Subsidiaries formed for the purpose of facilitating and providing insurance coverage and claims services for the Company and its Subsidiaries.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • insurance intermediary means any natural or legal person, other than an insurance or reinsurance undertaking or their employees and other than an ancillary insurance intermediary, who, for remuneration, takes up or pursues the activity of insurance distribution;

  • Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.

  • Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

  • Franchise insurance means an individual insurance policy provided through a

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Insurance broker means an insurance brokerage firm,

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Captive Insurance Subsidiary means any Subsidiary of the Company that is subject to regulation as an insurance company (or any Subsidiary thereof).

  • Insurance premium finance company means a person engaged in the business of

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • Insurance Authority means the Insurance Authority of Hong Kong established pursuant to section 4AAA of the Insurance Ordinance.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Reinsurance intermediary means a reinsurance intermediary-broker or a reinsurance intermediary-manager.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Insurance transaction means any transaction involving insurance primarily for personal, family, or household needs rather than business or professional needs that entails: