insurance

(redirected from Insurance group)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Insurance

Guarding against property loss or damage by making payments in the form of premiums to an insurance company, which pays an agreed-upon sum to the insured in the event of loss.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Insurance

A contract between a client and a provider whereby the client makes monthly payments, called premiums, in exchange for the promise that the provider will pay for certain expenses. For example, if one purchases health insurance, the provider will pay for (some of) the client's medical bills, if any. Likewise in life insurance, the provider will give the client's family a certain amount of money when the client dies. The insurance company spreads the risk of any one expense by pooling the premiums from many clients. See also: Takaful.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

insurance

a method of protecting a person or firm against financial loss resulting from damage to, or theft of, personal and business assets (general insurance), and death and injury (life and accident insurance). Insurance may be obtained directly from an INSURANCE COMPANY or through an intermediary such as an INSURANCE BROKER/AGENT. In return for an insurance premium the person or firm obtains insurance cover against financial risks. See ASSURANCE, COST, INSURANCE AND FREIGHT.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

insurance

a method of protecting a person or firm against financial loss resulting from damage to, or theft of, personal and business assets (general insurance), and death and injury (life and accident insurance). Insurance may be obtained directly from an INSURANCE COMPANY or through an intermediary such as an INSURANCE BROKER/AGENT. In return for an insurance premium, the person or firm obtains insurance cover against financial risks. The term assurance is frequency used interchangeably with that of insurance to describe certain kinds of life insurance. See RISK AND UNCERTAINTY.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

insurance

A commercial contract agreeing to compensate one for loss in the event of specifically named or described risks.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Matt Womack joined Watkins Insurance Group in 2003 and became a shareholder in 2008.
EGM Insurance Group has four branches and two subsidiaries: MC Carroll Insurance Brokers and Johnston & Mackie Ltd.
Traditionally, White Mountains' Issuer Default Rating (IDR) has been derived using Fitch's "Insurance Rating Criteria." Following the sale of OneBeacon Insurance Group, Ltd.
Insurance Group has been committed to providing peace of mind to families and businesses across the state of Illinois through insurance products and solutions.
Headquartered in York, Pennsylvania, Glatfelter Insurance Group is a full-service broker and insurance company providing services for specialty programmes and retail operations.
"As a Hamilton-based company, we're very proud to partner with the Hamilton Bulldogs, another strong local organization," said Lawrie Insurance Group President Bob Lawrie.
The launch of Doha Insurance Group's new brand identity was marked by a celebratory event hosted on November 29 at the company's head office.
Under the takeover agreement, Vienna Insurance Group acquired the majority stake of QBE Macedonia and solidified its position at the top of the Macedonian insurance market, taking control of nearly 75 percent of the voting rights in the company.
"By merging the two property insurance companies, the Vienna Insurance Group will achieve a integrated and clear presence in the Bulgarian market.
Austrian insurer Vienna Insurance Group (VIG.VI) is planning to launch a subordinate corporate bond worth up to EUR500m, with an option to increase it up with an additional EUR70m.
MDW Insurance Group, a 30-year-old full-service independent insurance agency, announced the asset acquisition of Genesis Risk Advisors, LLC, an insurance sales, risk management and consulting firm that offers a wide array of services including Property & Casualty insurance, Employee Benefits, Executive Benefits and HR Consulting for a wide range of clients throughout Florida.

Full browser ?