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Diane Publishing Books
Definitions of Insurance and Related Information
Orice M. Williams (au)
A report, with briefing slides, concerning a variety of issues related to identifying a universal definition of insur. & the challenges associated with doing so. This report provides info. on: (1) the elements that are commonly part of definitions of insur.; (2) a few products not universally defined as insur. or regulated across the states by their insur. depts.; (3) possible regulatory implications of developing separate definitions for insur. products covering insur. risks in more than one category; (4) current developments in the statutory & financial accounting communities in re-evaluating their guidelines for measuring risk transfer in reinsurance contracts; & (5) certain circumstances when finite risk contracts are used. Charts & tables.
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