Sentences with phrase «of any financial loss incurred»

Not exact matches

In the opinion of the Company's management, a discussion of loss reserve development is meaningful to users of the financial statements as it allows them to assess the impact between prior and current year development on incurred claims and claim adjustment expenses, net and core income (loss), and changes in claims and claim adjustment expense reserve levels from period to period.

For SAP, the loss and LAE ratio is the ratio of incurred losses and loss adjustment expenses less certain administrative services fee income to net earned premiums as defined in the statutory financial statements required by insurance regulators.

The Lehman failure was significant because it was the first time in the crisis that losses were incurred by creditors of a major financial institution.

The most directly comparable GAAP financial measure is the combined ratio, which is computed by adding total incurred losses and LAE, including the impact of catastrophe losses and loss and LAE reserve development from prior years, with the insurance expense ratio.

Despite China's potential, Beston has warned that it will incur «an overall loss» for the current financial year, largely due to a lack of sales there.

Financial Fair Play (FFP) regulations were introduced in 2012 to «reduce the levels of losses being incurred at some clubs and, over time, establish a league of financially self - sustaining professional football clubs».

Free Dating America, or any of its associated companies or associates can not be held responsible for any financial loss or harm of any nature that is incurred as a result of using this service.

Total Boox may, without notice, and without refunding any fees, disable User's account and User's access to use the App and / or the Services and Total Boox may recover from User any losses, damages, costs or expenses incurred by Total Boox resulting from or arising out of User's non-compliance with any provision of these Terms, improper or fraudulent activity in connection with the Services, or any other acts of the User that may cause legal liability or financial loss to Total Boox, its affiliates and / or users.

Unfortunately many filers aren't aware of the future financial losses they may incur.

Households incur a greater loss of wealth when the person in charge of making financial decisions (the financial respondent) incurs a decline in their cognitive abilities.

Whether that's a theft from your car, a break - in, or a fire because your neighbor left a pan on the stove and turned around «just for a second» to answer the phone, or something else, there is a one hundred percent chance that you will suffer some type of financial loss as a result of a covered peril on renters insurance or incur liability between now and the end of your lifetime.

Having a credit card balance is likely going to cause you big problems if you ever have to incur the costs of a financial crisis, i.e. loss of job, death in the family, divorce.

Losses incurred due to the financial failure of an airline, hotel, other travel operator, or your travel agent.

Ultimately, if a financial institution is not capable of surviving without large and constant infusions of public capital, the stockholders and bondholders of that company - not the public - should be responsible for the losses incurred.

Thus, the risk of a shareholder incurring financial loss on account of shareholder liability is considered remote, because it is limited to circumstances in which a disclaimer is inoperative and the Trust itself is unable to meet its obligations.

The circumstances surrounding your injury, the extent of your physical and emotional suffering, as well as the amount of financial losses from medical bills, lost wages, and other costs you've incurred as a result of the injury, all play a part in calculating the amount of damages you will be able to seek in your case.

With over 18 years of experience Mr. MacKenzie has prepared hundreds of financial models documenting the damages incurred, out of pocket expenses, business interruption losses, and other calculations as needed.

Under the law, you have the right to seek compensation for your financial losses that incurred as the result of the accident.

In the 1980's, AMLICO incurred substantial financial losses, ultimately resulting in the appointment of the Commissioner as temporary receiver on January 17, 1989.

Also, the breach of this duty must have been a direct and proximate cause of the financial losses or other harm that the client incurred.

We will include all expenses you have incurred, along with all financial losses due to an inability to work and any noneconomic damages that have impacted your quality of life.

The Victims of Crime - Financial Benefits Program compensates victims of violent crimes for the financial losses directly incurred as a result of the crime (i.e., not pain and suFinancial Benefits Program compensates victims of violent crimes for the financial losses directly incurred as a result of the crime (i.e., not pain and sufinancial losses directly incurred as a result of the crime (i.e., not pain and suffering).

When valuing your case, we will calculate all of the expenses that you have incurred and all of the financial losses that you have suffered due to your accident.

Many of the victims incur physical and financial losses due to these auto accidents.

Economic damages are out - of - pocket financial losses incurred due to an accident.

Economic damages are awarded to compensate you for verifiable financial losses that you incur because of your workplace accident.

You could claim damages for any injury you suffered as a result as well as any financial losses you incurred such as loss of earnings or the cost of care you required.

In a recent case, a condominium management firm was held responsible to pay a condominium corporation for financial losses incurred as a result of an error in a status certificate issued by the manager.

You can also claim for financial losses which were incurred as a direct result of the accident, for example medical bills or lost income; generally speaking, any injury or loss directly attributable to the accident can be claimed for, allowing you to take time to recover without the financial worry.

For drivers and owners of early - model cars with very low market values, public liability and property damage auto insurance meets state insurance coverage requirements and may make sense due to the minimal financial loss the owners incur if the cars are totaled in accidents.

Obviously, you being stuck with upwards of $ 10,000 in funeral bills is surely evidence that you would incur a financial loss in the event of your parent (s) passing.

Whether you prefer riding your 4 - wheeler through the winding trails of the Black Hills National Forest, using your side - by - side to tour the hilly grasslands of the Oahe Downstream Recreation area in Fort Pierre, or simply riding around your property on a UTV, an ATV insurance policy may be necessary to prevent you from incurring undue financial losses.

Trip protection insurance provides financial coverage for losses incurred in the case of unforeseen delays and cancellations.

Travel delay coverage is entirely focused on reimbursing a traveler for financial losses they incur as the result of a travel delay they could not avoid.

To protect a business in the event of the death of a key employee, Key Person Insurance, payable to the company provides the owners with the financial flexibility needed to either hire a replacement or replace the financial loss incurred by the business.

Financial assistance in case of additional expenses on rent incurred due to loss or damage to the premises caused by an insured peril rendering the premises unfit for occupation and forceful shifting to an alternative accommodation for a maximum period of 12 Months

This means that policy holders will only get financial compensation for losses that are incurred during the period of time that is specified in their policies.

Some airlines do offer reimbursement for financial losses that are incurred because of flight delays, but the compensation amount may be far from satisfactory.

It is not surprising that a loss luggage can incur financial damages that are worth tens of thousands of dollars.

Of course, having the right travel insurance can help you travel safely without incurring a big financial loss too.

This undermines the primary purpose of life insurance, as the investors would incur no financial loss should the insured person die.

The amount of the policy is usually paid directly to your business so it can be used to cover the financial losses incurred by the death or disability of a key person.

Trip cancellation insurance covers nonrefundable financial penalties or losses incurred as a result of cancelling a trip for unforeseen reasons, including reimbursement for nonrefundable expenses such as flight tickets and tours.

In the event of a covered loss, the insurance company pays for the financial losses the business incurs up to the limit of the policy after the deductible amount is paid by the business filing a claim.

The losses that you incur in the course of one financial year can be carried over to future financial assessment years setting these off against future gains.

Due to the specifications of a no fault policy, you can not sue another driver in an accident to recoup financial loss incurred because of an accident.

Whether you prefer taking your side - by - side out for a spin on the Bald Mountain Trail in Wasilla, using your four - wheeler to tackle the gravel pits of the Eureka Trails in Glenallen, or simply riding around your property on a UTV, having an ATV insurance policy may be necessary to prevent you from incurring undue financial losses.

This plan is meant to compensate the company for financial loss incurred due to the death of key employees.

They claim the company and the officers are responsible for the financial losses they incurred when the stock price dropped this week following news reports of the data harvesting.

FHA has consistently used appropriate underwriting in its mortgages, and has never engaged in exotic lending, but has incurred financial losses as a result of overall market conditions and increased foreclosures.