Insured Asset

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Insured Asset

An asset with an insurance policy of any kind. That is, an insured asset is one for which an insurance company must compensate the owner if the asset is damaged or destroyed. Most companies have insurance policies on their assets, or at least their tangible assets, to transfer the risk associated with owning them. Likewise, most individuals have insurance policies on their major assets, such as their houses and cars.
References in periodicals archive ?
The company was established to address the crypto-economy's need for regulated, safe and insured assets on the blockchain that can be used as crypto-hedging tools to reduce volatility risks.
Besides, satellite tracking of insured cars and other vehicles, some companies also monitor high-value insured assets through remote cameras to resolve disputes on asset damage.
But in the decumulation stage, really you should view insured assets such as annuities as the bedrock of your portfolio.
There are $10 trillion in insured assets along the vulnerable portions of U.
Supported by Canada's national housing agency CMHC's insured assets, CIBC's covered bond programme is rated 'AAA.
Furthermore, these "smart" systems will automatically monitor insured assets to create a more accurate picture of the real risk.
Under the APS, Lloyds would be responsible for a first loss of up to pounds 25bn on the insured assets as well as 10% of further writedowns.
During Hurricane Ike, hundreds of thousands of claims were filed involving large trees that had fallen on homes, fences, cars and other insured assets.
The ratings reflect RVI's stable operating results and risk-adjusted insured assets for 2011 after a downturn in the economy in 2008 resulted in a significant decline in (1) the market values of its insured assets, (2) operating results, and (3) demand for RVI's primary insurance product, residual value insurance.
detailed specifications of the insured assets are listed in annex 3 of the tender documentation.
There are a large number of warranties attached with the insurance policies to safeguard the insured assets or minimize the frequency of losses.
The NFIP remains the nation's largest single-peril insurance program with more than $1 trillion in insured assets and more than 5.