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Insurance

Mortgage-backed securities

In the world of finance, there exists a category of securities known as investment grade securities. These securities are backed by a pool of mortgages, which means that the issuer uses the cash flow generated from these mortgages to meet the interest payments on the bonds. This type of security offers a level of security and stability for investors, making it a popular choice in the market.

Long-term care insurance

In the world of finance, we often come across the term 'coverage' which refers to a form of protection provided under certain circumstances. Specifically, in the case of ski...

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Post-loss activities

One vital aspect in finance is reducing severity, which involves finding ways to minimize losses. A crucial tool in this is salvaging damaged property instead of discarding ...

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Fronting

Insurance can be a complex world, with various terms and concepts to navigate. One such term is fronting, a practice where a primary insurer issues a policy but transfers th...

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Primary company

Reinsurance, a common practice in the insurance industry, refers to the transfer of risk from one insurance company to another. The reinsurer, often a larger and more financ...

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