Selected articles for topic: long tail insurance claims
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Short-tail and long-tail reinsurance: for IPC_Holdings (IPCR)
Short-tail and long-tail reinsurance:
These excerpts taken from the IPCR 10-K filed Feb 27, 2009.
Short-tail and long-tail reinsurance:
Reinsurance products can be categorised as “short-tail” or “long-tail”. In general terms, short-tail and long-tail refer to the length of time between the assumption of a risk and the payment of claims in respect of that risk. Long-tail risks are those...
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long tail liability - Insurance Glossary | IRMI.com
IRMI Online > Glossary of Insurance & Risk Management Terms > Terms > L > long tail liability
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Short-tail and long-tail business for Chubb Ltd (ACE)
ACE » Topics » Short-tail and long-tail business
This excerpt taken from the ACE 10-K filed Feb 25, 2010.
Short-tail and long-tail business
Short-tail business
Short-tail business generally describes product lines for which losses are usually known and paid shortly after the loss actually occurs. This would include, for example, most property, personal accident, aviation hull, and automobile...
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Tail insurance: Who pays and when do you need it ...
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Now is the time to dust off those physician employment agreements and professional liability insurance policies, or if you are about to finish residency, now is the time to start thinking about how to negotiate an effective tail insurance provision. This means paying special attention to whether your professional liability insurance policy provides for claims-made or occurrence-based...
Date: 2017-04-03 08:19:52
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http://www.amednews.com
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Inflation Threatens Long-Tail (Re)insurance ...
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Interest rates are low right now, so monetary inflation is not an issue in the short term for the (re)insurance market. Look into the future a bit, however, and you can see how monetary inflation could turn into a threat. In two to five years, the effects of such measures as "quantitative easing" (i.e., a government's pumping money into a financial system to attain near-term stability)...
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http://www.gccapitalideas.com
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Occurrence vs. Claims-made Coverage | JUA
Occurrence vs. Claims-made Coverage
There are two types of coverages available in medical professional liability insurance: Claims-made and Occurrence. Your clear understanding of both types of coverage is essential to making a fully informed decision on which type of coverage to buy. Some carriers offer only Claims-made. Others offer both, but may limit access to Occurrence coverage to a few...
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http://www.scjua.com
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The "Long Tail" of e-commerce standards – Technology ...
The Long Tail concept dictates that only 80 percent of a group will agree on using a particular standard. For electronic commerce, that's a problem given the emergence of competing formats for data transmissions. New technologies may offer a solution.
Business-to-business (B2B) data standards are popular mechanisms for ensuring uniformity among the independent organizations that collaborate in a...
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http://www.supplychainquarterly.com
Related topics : long tail concept in automotive industry / chris anderson wired long tail article / wired magazine the long tail article / long tail marketing concept / long tail concept example
The Difference Between 'Occurrence' and 'Claims Made ...
The Difference Between 'Occurrence' and 'Claims Made' Liability Coverage Forms
March 19, 2009
by Christopher J. Boggs, CPCU, ARM, ALCM
One of two coverage "trigger" forms is used to provide liability protection: the "occurrence form" or the "claims made" form. There is no difference in the breadth of coverage provided by either form, the difference lies in what "triggers" the policy to respond -...
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http://www.mynewmarkets.com
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Office of the Commissioner of Insurance - Guidance Notes
Guideline on Anti-Money Laundering and Counter-Terrorist Financing (GN3) (Issued in January 2012 and revised in July 2012 and March 2015)
Pursuant to section 7 of the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance (Cap.615) and section 4A of the Insurance Companies Ordinance (Cap.41), the Insurance Authority ("IA") published in the Gazette the...
Date: 2017-02-27 03:05:20
Website:
http://www.oci.gov.hk
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Pollution Coverage Issues | IRMI.com
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Pollution Coverage Issues
Summary
Includes IRMI Environmental Insurance Reporter for updates in the law, exposures, and coverages.
If you paid a coverage lawyer to reproduce even a fraction of this information, the cost would reach $50,000 or more in legal fees! Pollution Coverage Issues will save you untold hours scouring treatises, law...
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https://www.irmi.com
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Malpractice Insurance FAQ | CPH & Associates
Malpractice Insurance Coverage
What is the differences between Occurrence-based and Claims Made policies?
Occurrence coverage is lifetime coverage for the policy period. This means that if there is a claim or suit against you, as long as you were insured at the time of the incident or treatment that resulted in the claim or suit, this policy will still apply. The premium will also remain the same...
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http://www.cphins.com
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Professional liability insurance - Wikipedia
Professional liability insurance policies are generally set up based on a claims-made basis, meaning that the policy only covers claims made during the policy period. More specifically a typical policy will provide indemnity to the insured against loss arising from any claim or claims made during the policy period by reason of any covered error, omission or negligent act committed in the conduct...
Date: 2017-03-22 02:07:25
Website:
https://en.wikipedia.org
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