Insurance activity means the drafting, offering, conclusion and performance of life and non-life assurance contracts by an insurance company;
Insurance activity means the conclusion and implementation of insurance companies, coinsurance and reinsurance, concluded between the insurer and insured.
Insurance activity means economic and commercial activities whereby the risk of other persons’ losses is assumed on the basis of an insurance contract or it is sought to protect property interests of these persons in any other way upon occurrence of insured events, by using, for the purpose of securing those interests, the insurer’s property and other assets covering technical provisions calculated by the insurer. Within the meaning of this Law, insurance activity shall also be the activities set out in subparagraph 5 of paragraph 2 of Article 7 of this Law. The concept of “insurance activity” used in this Law shall include reinsurance activity.
Examples of Insurance activity in a sentence
At least annually, we conduct a pricing review of our products to: i) ensure they support Canadians in meeting their housing needs for a wide range of housing types and tenures; ii) support the profitability and long-term viability of the Mortgage Insurance Activity; iii) foster competition; iv) support financial stability; and v) be in line with our risk appetite and tolerances.
February 3, 2016309,874,000Badlar + 5%1 year and 3 monthsQuaterlySeries 1 and 2 are aimed at making productive investments computable under Section 35.k) of the Insurance Activity General Rules and Regulations.
Accordingly, we have established an operating level for our Mortgage Insurance Activity and our Mortgage Funding Activity in excess of our internal target.
We set an internal target for our Mortgage Insurance Activity and our Mortgage Funding Activity at a level that is expected to cover all material risks.
Predecessor retained earnings$101,677Adjustment for carve-out allocations23,109Predecessor adjusted retained earnings$124,786 Note 5: Insurance Activity The Company, through WMMRC, reinsures mortgage guaranty risks of mortgage loans originated by affiliates of the Company during the period from 1997 through 2008.
More Definitions of Insurance activity
Insurance activity. ("insurance business") means the area of insurers' activity of insurance, re-insurance, mutual insurance as well as of insurance brokers, insurance actuaries in terms of providing services related to insurance or re-insurance.
Insurance activity has the meaning given in Exhibit 4-B, Appendix A.
Insurance activity has the meaning given in Exhibit 4-B, Appendix A. “Insurance Payments” means payments made by a third party payer. “Insured Patient Cash” means cash collected from the patient on accounts with insurance coverage. “Interim Service Period” has the meaning given in Section 4.6(b)(i). “IRS” has the meaning given in Exhibit 8, Section 1. “Issuers” has the meaning given in Section 13.2(e). “IT Host System Vendor” has the meaning given in Exhibit 4-A, Section 8.2(i). “Joint Review Board” or “JRB” has the meaning given in Exhibit 6, Section 4. “Key Supplier Personnel” has the meaning given in Section 8.2(a)(i). “Labor Shortfall” has the meaning given in Exhibit 4-A, Section 3.4. “Laws” means all federal, state, provincial, regional, territorial and local laws, statutes, regulations, rules, executive orders, supervisory requirements, directives, circulars, opinions, interpretive letters and official releases of or by any government, or any authority, department or agency thereof or self regulatory organization (“SRO”), including Privacy Laws. The definition of Laws shall include Privacy Laws and Healthcare Laws. For purposes of this Agreement, Laws shall also include all generally accepted accounting principles (“GAAP”), as such principles may be modified during the Term by the Public Company Accounting Oversight Board or other applicable authorities. “Link” has the meaning given in Section 21.10. “Losses” means all losses, liabilities, damages (including punitive and exemplary damages), fines, penalties, interest and claims (including taxes), and all related costs and expenses (including reasonable legal fees and disbursements and costs of investigation, litigation, experts, settlement, judgment, interest and penalties). Losses shall not include refunds, take-backs, unpaid claims or other similar forms of losses which relate to the payment made to Supplier for Services which it provides to patients. “Lower Bound” has the meaning given in Exhibit 4-B, Section 6(b). “Major Release” means a new version of Software that includes changes to the architecture and/or adds new features and functionality in addition to the original functional characteristics of the preceding software release. These releases are usually identified by full integer changes in the numbering, such as from “7.0” to “8.0,” but may be identified by the industry as a major release without the accompanying integer change. “Malicious Code” means (i) any code, program, or sub-program whose knowing or i...
Insurance activity means activity for which a person is authorised, permitted or registered by the Authority under the Act;
Insurance activity means business activity consisting in accepting insurance risks from persons exposed to such risks or similar risks, establishing and organising insurance portfolios, creating technical provisions for liabilities to eligible persons, arising from insurance contracts, and discharging such liabilities for payment calculated using actuarial mathematics and statistics.
Insurance activity means the regular performance of acts relating to the acceptance and fulfilment of insurance or reinsurance contracts or insurance operations, excluding insurance intermediary business, under the terms of the applicable legislation;
Insurance activity means the regular performance of acts relating to the acceptance and fulfilment of insurance or reinsurance contracts or insurance operations, including any related or supplementary acts and contracts, namely those relating to salvage, reconstruction of and repair to damaged immovable property and vehicles, maintenance of clinical services and application of technical provisions, reserves and capital, excluding insurance intermediary business, under the terms of the applicable legislation;