Risk sharing definition
Risk sharing means a decision by the members of a joint self-insurance program to jointly absorb certain or specified finan- cial exposures to risks of loss through the creation of a formal pro- gram of advance funding of actuarially determined anticipated losses; and/or joint purchase of insurance or reinsurance as a member of a joint self-insurance program formed under chapter 48.62 RCW.
Risk sharing means that the participant of a joint self-insur- ance program jointly absorbs certain or specified financial exposures to risks of loss through the creation of a formal program of advance funding of actuarially determined anticipated loss; and/or jointly purchase insurance or reinsurance through a joint self-insurance pro- gram formed under chapter 48.64 RCW.
Risk sharing means a decision by the members of a joint self-insurance program to jointly absorb certain or specified financial exposures to risks of loss through the cre- ation of a formal program of advance funding of actuarially determined anticipated losses; and/or joint purchase of insur- ance or reinsurance as a member of a joint self-insurance pro- gram formed under chapter 109, Laws of 2015.
Examples of Risk sharing in a sentence
Risk sharing is another rationale for undertaking a co-operative arrangement - when a market has just opened up, or when there is much uncertainty and instability in a particular market, sharing risks becomes particularly important.
More Definitions of Risk sharing
Risk sharing means that the participant of a joint self- insurance program jointly absorbs certain or specified finan- cial exposures to risks of loss through the creation of a formal program of advance funding of actuarially determined antici- pated loss; and/or jointly purchase insurance or reinsurance through a joint self-insurance program formed under chapter
Risk sharing means an agreed arrangement for risk and benefit sharing between the Partners;
Risk sharing means, any compensation arrangement between an organization and a plan under which the organization shares the risk of financial gain or loss with the plan.
Risk sharing means a decision by the Members of a Joint Self Insurance program to jointly absorb certain or specific financial exposures to risks of loss through the creation of a formal program of advance funding of actuarially determined anticipated losses; and/or joint purchase of Insurance or reinsurance as a Member of a Joint Self-Insurance program formed under Chapter
Risk sharing means any common fund or pool of monies: (1) which is composed of cash, investments permitted by Government Code Sections 53601, et seq., or other assets; (2) to which two or more Members have agreed to contribute in accordance with the terms of a Certificate of Coverage and a Coverage Contract in which participation is voluntary; (3) from which claim and defense expenses of any contributor to that common fund shall be paid to claimants by BETARMA on a Member’s behalf; (4) from which administrative costs to operate and manage the Fund and activities related to the purpose of the Fund shall be paid; and (5) which operates in accordance with this joint powers agreement.
Risk sharing means DePuy Synthes’ value-based customer offerings related to the Product.
Risk sharing means the percentage of the Outstanding Principal Amount of each Lender to the aggregate Outstanding Principal Amount of all the Lenders.