35.
Evropolis
European Economic Community countries, confirming the fact of the creation of the contract of insurance the insurance
policy
36.
ekstsedent risk
this category of risk of loss reinsurance agreement.
37.
facultative reinsurance
proportional reinsurance contract. Optional insurance is a risk given on a separate contract. Tsedent a risk of re-insurance is
not necessary or required to consider the issue of independence. In turn, reinsurance tsedent accepted or not accepted.
38.
fronting
an arrangement in which a primary insurer acts as the insurer of record by issuing a policy, but then passes the entire risk to
a reinsurer in exchange for a commission. Often, the fronting insurer is licensed to do business in a state or country where the
risk is located, but the reinsurer is not.
39.
fronting company
the other insurance company in front request of, the insurance policy in the name of their insurance company.
40.
general policy
an agreement in writing between the insurance company and the insured. In accordance with this agreement, the relevant
period for the insurer to insure all areas of the insurance company. Foreign practice this agreement 'public policy' or 'policy
abonament'. This insurance policy on the basis of common foreign trade cargo insurance. Each insurance company sent
information about the cargo (cargo weight, the sum insured, receive and dispatch cargo units) enough to submitting the
application, are automatically insured.
41.
general insurance sector
personal property insurance, liability insurance and other types of insurance, non-life insurance sector.
42.
gross prize
the net premium for insurance plus commissions, operating and miscellaneous commissions. For life insurance, this is the
premium including dividends
43.
gross rate
insurance coverage (insurance amount) to pay the net is intended to cover the costs of work - rate and net insurance premiums,
including the sums of the load rate of the rate. Most of the literature, this technique is also used in the sense of insurance rate
44.
green card
international agreements on compulsory insurance of civil liability of owners of transports. This type of insurance contract is
designed to confirm the fact of policy. At present, more than 30 members of the green card. Green Card member countries,
the national bureau of the territory of this state, and it coordinates the work associated with the green card.
45.
insurance
Traditional risk-financing tool used to transfer the financial hazard of risk. An insurance policy spells out what is or is not
covered caused by all or specific perils (causes of damage or injury). Insurance is also a contract whereby an organization
agrees to indemnify another and/or to pay a specified amount for covered losses in exchange for a premium. For many
nonprofits, insurance provides the funds to pay for the nonprofit’s unexpected losses of people, property and income, while
ultimately keeping the organization in operation.