With-Profits Bond

(redirected from Insurance bond)
Also found in: Dictionary, Wikipedia.
Related to Insurance bond: Monolines

With-Profits Bond

A fixed income investment based on non-fixed income instruments. For example, one may purchase a with-profits bond with a 5% annual return, but the money one invests is placed in stocks, mutual funds and other instruments. The profits made in the "good years" are not disbursed to the investor; rather, they are used to make up for losses in the "bad years." These instruments are designed to allow one to take advantage of market movements without assuming too much risk. With-profits bonds are sponsored by insurance companies.
References in periodicals archive ?
However, APCA has succeeded in convincing NHA to come back to accepting insurance bonds instead of demanding cash security in bid and performance bonds.
But offshore insurance bonds are likely to have less protection, depending on the rules of their home country.
Through our insurance bond, and with the Commission for Aviation Regulation's assistance, return flights for all of our customers are being fully honoured.
Fuel oil companies' complaints led to the demise of a proposal that would require them to post an insurance bond so customers don't lose money if they go out of business.
The group, which employs 2,000 in Cardiff, said it was well positioned in several markets, including UK saving after attracting nearly pounds 11bn worth of insurance bond, pension and unit trust new premiums in 2006, including pounds 4bn in the final quarter.
The council has also refused a proposed march in nearby Auchterarder on July 6, but said a rally could go ahead if organisers paid a pounds 20,000 insurance bond.
The holiday complex is the latest development by Holiday Property Bond,a life insurance bond investing in holiday properties and securities.
The ordinance, which Antonovich said would need approval from Congress, would require would-be employers to put up an insurance bond for each worker to guarantee the cost of any needed health care services.
The Insurance Bond is basically just a legal wrapper and normally you have a wide range of funds to choose from, ranging from cash to the various stock markets of the world.
They further said that at NHA is not implementing the Pakistan Engineering Councils Standard Form of Bidding Documents as approved by ECNEC and notified by Planning Commission of Pakistan including acceptance of bid security and performance security offered by bidders in the form of insurance bond as laid down in PEC Standard Form of Bidding Documents.
The group said it was well positioned in a number of markets, including UK savings, after attracting nearly pounds 11bn worth of insurance bond, pension and unit trust new premiums in 2006, including pounds 4bn in the final quarter.
You can do this using a fund in an insurance bond or unit trust, which will spread the risk.
Full browser ?