Protection of policyholder interests after life insurer′s bankruptcy
The acceptance of abandonment may be either express or implied from the conduct of the insurer, the mere silence of the insurer after notice is not an acceptance.
Each captive insurer is required to file a report of its financial condition to the Commissioner.
When the investment income that an insurer earns from holding on to policyholders' funds ("the float") is taken into account,
The insurer may pursue, in accordance with the law, liability of the insurance agent that acted ultra vires.
KBC Groep NV, Belgium's biggest bank and insurer by market value, plunged 7.4 percent to 23.16 euros, heading for the lowest since August 2009.
protection and indemnity liability insurer
Such shares have to be admitted assets of the insurer.
On Friday Yamato Life, a medium-sized insurer, filed for bankruptcy, the first Japanese life insurer to go under in seven years.
If any loss occurs through breach of this condition, the insurer may avoid the contract.
The sum insured refers to the maximum amount which the insurer undertakes to indemnify or pay under its insurance obligation.
Under Chinese Maritime Code, before a marine insurance contract is concluded, the assured should fulfill a duty of disclosure to the insurer.
He submitted a claim to the insurer.
Article28 When an insurer transfers part of its accepted business to another insurer by way of cession, it is referred to as reinsurance.
Based on the principle of fairness, legislation provides that each insurer undertakes the insurance liability in proportion. However, each insurer is forbidden to use this kind of proportional liability to set up defenses against the insured.
Halfway through, this year is already the costliest on record for natural catastrophes, insurer Munich Re said Tuesday in its first-half review.
He submit a claim to the insurer .
Premium: Money paid by the insured to the insurer in return for insurance cover.
Goose seedlings have handles the insurance, the insurer is the China some property insurance limited liability company subsidiary company.
industrial risk insurer
Except a few experts of insurer. most of people don't know what is the insurance completely.
The DNA from a single human hair, for example, may be sufficient to alert a prospective employer or health insurer to a person's genetic predisposition to disease.
Article29 If an insurer transfers part of a liability assumed to another insurer, it is re-insurance.
Article9 An insurance contract is an agreement whereby the insurance rights and obligations are specified and agreed by the applicant and the insurer.
From which the prices can be found due to investment, it give some basis for insurer to adjust insurance price, and provides more practical significance for insurer to investment and insurance...
Insurance law involves a contract between the insurer and the insured.
Article237 The insurer shall indemnify the insured promptly after the loss from a peril insured against has occurred.
Exclusions are situations not covered by the insurer.
Has any insurer ever cancelled or declined your products liability?
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