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Insurance

Guaranteed renewable

An insurance policy that cannot be terminated by the insurer before a predetermined age. In this type of policy, the premiums can only be increased for all individuals within a certain group. This ensures that the policy remains in force for the designated period and provides stability for both the insurer and the insured.

Captives

An insurer may be formed by non-insurers to offer insurance coverage to its owners. This is known as self-insurance and is common in the finance industry. The purpose of sel...

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Accounts receivable (debtors) insurance

In finance, the concept of indemnification refers to the compensation or protection provided to an individual or entity for any losses incurred due to unforeseen circumstanc...

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Captive insurer

In the world of finance, there exists a unique type of insurer known as a "mutual insurer." Unlike traditional insurance companies, mutual insurers are formed and owned by t...

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Hull insurance

A marine insurance policy provides coverage for ships that traverse the ocean. This type of insurance protects against damage or loss of the vessel, as well as any damage or...

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