Sentences with phrase «of insurance businesses»

Bajaj Allianz General Insurance Co. started its operations in the year 2001 to conduct various lines of insurance businesses.

The organisation aims to expand the business through their existing far - reaching networks and acquisitions of insurance businesses, portfolios, and teams of underwriters that meet their stringent criteria for minimum return on equity and EPS accretion in the first year of acquisition.

Insurance law is therefore equally as important, covering all regulatory aspects of insurance, covering the regulation of insurance businesses, the content of insurance policies, especially with regard to consumer policies, and the regulation of the handling of claims.

The float pools are valued separately because they are different types of insurance businesses and as such, may potentially have different float costs and growth rates.

I try to focus on companies that are good operators; they manage their base of insurance businesses well, rather than those that are clever investors, because the ability to be clever investors over the long run is much harder than being a well - run insurer.

«If Jain become CEO it would be great, but the complexity of the insurance business requires someone there with more day - to - day supervision,» Rolfe said.

Their seasoned perspective serves the company well in both evaluating risks and building relationships, a fundamental tenant of the insurance business.

Buffett views the use of such so - called float as one of the key benefits of the insurance business, because it allows him to invest policyholder funds for Berkshire's benefit.

Berkshire Hathaway (BRK.A, BRK.B) CEO Warren Buffett has long been a master of the insurance business, having invested significantly with great success in the industry through Geico and others.

But they should be, because the increasingly international profile of the insurance business is likely to impact the U.S. annuity market...

With our purchase we received $ 6.7 million of tangible net worth that, by the nature of the insurance business, we were able to deploy in marketable securities.

In general, being good at one area of the insurance business does not confer significant advantages in other areas.

This cost reflects the average underwriting results of each insurance business and is deducted from the float return before the coupon is calculated.

In my end of the insurance business, fast growth and bad underwriting go hand - in - hand.

If DAC gets written down (as opposed to amortized) that means that the future sum of profits on some of the insurance business is expected to be less than the acquisition costs deferred for the business.

While there is no legal force ensuring the profitability of the insurance business, over its long history the insurance business has generated substantial returns for value - oriented investors.

Public information campaigns directing potential claims beneficiaries toward behaviors minimizing claims are not dishonest and are quite in keeping with the nature of the insurance business.

The deal was technically illegal, but as the law stood, the bank would have two years to divest itself of its insurance business.

He focuses on domestic and international M&A, finance and securities, and taxation issues as they relate to life, property and casualty insurance companies, blocks of insurance business, investment advisers, broker - dealers, insurance agencies and other insurance - related organizations.

The insurance companies have lawyers fighting for their rights, hire an attorney with over ten years on the inside of the insurance business to work for you.

He advises on mergers and acquisitions, transfers of blocks of insurance business, restructurings of insurance holding company systems and the creation of captive insurance company programs.

Her clients include FTSE and AIM listed companies and non-corporate organisations, and she is regularly instructed on corporate reorganisations, takeovers and mergers and transfers of insurance business.

Re Sompo Japan Insurance Inc: [2011] EWHC 260 (Ch) Acted with Martin Moore QC in obtaining the sanction of a scheme for the transfer of insurance business under Part VII of the Financial Services and Markets Act 2000 in circumstances where the scheme was opposed on various grounds, including diminution of security for policyholders, alleged inadequacies in reserving policy, criticisms of the independent expert's report and lack of enforceability in other jurisdictions.

Our in - depth knowledge of insurance business requirements means that our package of Insurance Services is tailored to meet industry needs in advising on: policy wordings; applicable minimum terms; insurance product development; and all forms of insurance dispute from both a claimant and defendant perspective.

He is experienced in a wide range of classes of insurance business, including property / business interruption, casualty, energy, mining, engineering / construction, political violence, BBB, D&O, financial lines, EL / PL and credit insurance.

The most complicated aspect of the insurance business is the actuarial science of ratemaking (price - setting) of policies, which uses statistics and probability to approximate the rate of future claims based on a given risk.

The introduction of liability insurance led to further expansion of the insurance business and to greater specialization among distributors, with general agents mostly selling liability insurance and independent agents fire insurance.

The Securities Appellate Tribunal (SAT) on Thursday set aside an order passed by Insurance Regulatory and Development Authority of India (Irdai), directing transfer of insurance business of Sahara India Life Insurance Company to ICICI Prudential Life Insurance Company.

In July 2017, Irdai passed another order seeking transfer of the insurance business of Sahara to ICICI Prudential Life Insurance.

We continue to be optimistic about the future of the insurance business in India and expect the industry to grow approximately at 15 per cent,» Life Insurance Council Secretary General S B Mathur said in a statement.

- We underwrite most classes of insurance business in South Africa, either directly or through our partners.

I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business.

I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business.

The purpose of underwriting is to accept the greatest amount of insurance business that will allow the insurance company to remain profitable.

The Irda circular underlined that the registered Indian insurance company shall submit to the authority the regulatory architecture along - with reporting, compliance and all other requirements necessary for the establishment and conduct of insurance business.

Learn the basic language of the insurance business, including common terms you'll hear as a policyholder.

Even though transferring the insurance activities, including the portfolio of insurances, from IHI to Bupa will have no direct impact on you or your policy, this requirement ensures that you as a policyholder is properly informed about the proposed changes in the structure of the insurance business presently conducted by IHI.

It pays to have a local agent, who knows the ins and outs of the insurance business.

Never mind that it won't go near the water, inland marine is a term dating back to the origins of the insurance business which has simply stuck.

The main growth method for the company was to acquire blocks of insurance business from other life insurance carriers — and today, the company provides a wide array of both life insurance and annuity products.

Insurance companies cross-subsidize group health insurance as they receive majority of insurance business from other business units like fire, property and engineering.

Loyalty Benefits: This life insurance plan has several benefits that add on to the profit of the insurance business of the corporation.

To avoid this tragicomic truism of the insurance business, you need to find a company with honest policy - writing practices and reliable financial resources.

Subsequently, the insurance business of the merged entity was to be demerged so that it could be transferred to HDFC Standard Life Insurance Company.However, the whole scheme did not go down well with the IRDAI as it was in contravention of the Section 35 of the Insurance Act, 1938 that does not allow merger of an insurance business with a non-insurance firm.

Here's a breakdown from the National Association of Insurance Commissioners about what types of insurance your business may need.

Now that you better understand what types of insurance your business may need, use these five helpful tips from netQuote to keep the cost of business liability insurance coverage from blowing your budget.

It is here that he honed his skills in people management and learned the fundamentals of the insurance business, after being exposed to various departments such as accounts, IT, underwriting, claims, marketing, sales, etc..

The amount of insurance a business should consider for a key person would be predicated on the risk involved.

• Buy Multiple Policies: If you're just starting your business or several of your insurance policies are nearly up for renewal, you should ask insurance companies to give you a quote for bundling your auto insurance, business liability, and any other type of insurance your business might need.

Knowledgeable on all aspects of insurance business.