Insurance Business Law definition

Insurance Business Law means The Insurance Business (Bailiwick of Guernsey) Law, 2002 (as amended),
Insurance Business Law means the Insurance Business (Jersey) Law 1996, a Jersey statute;
Insurance Business Law means the Insurance Business (Bailiwick of Guernsey) Law, 2002; "Policy" and "Policyholder" have the meanings set out in the Insurance Business Law;

Examples of Insurance Business Law in a sentence

  • Reserve for price fluctuation of securities is calculated in accordance with Article 115 of the Insurance Business Law.

  • Policy reserves are provided in accordance with Article 116 of the Insurance Business Law.

  • The parent/ guardian/ sponsor have the liberty to give the student larger amounts.

  • The financial statements are prepared in accordance with the Insurance Business Law and the Enforcement Regulations there- under and in accordance with standard accounting principles and procedures followed by life insurance companies in Japan.

  • Reserves for asset value fluctuations are calculated in accordance with Article 115 of the Insurance Business Law.

  • Policy reserve is based on Article 116 of the Insurance Business Law, and the premium reserve at the end of fiscal year is calculated by the following method:In regard to the policies subject to the standard policy reserve, the method as prescribed by the Commissioner of Financial Services Agency (Ministry of Finance Ordinance No. 48, 1996) is applied.In regard to the policies not subject to the standard policy reserve, the net level premium method is applied.

  • These reserves are provided in compliance with Article 32-14 of Enforcement Regulations of Insurance Business Law.

  • Japanese domestic risks for the purposes of this Japan Endorsement means (1) any risk for which insurance coverage would otherwise be provided by the terms of the Subject Contract; but (2) pursuant to Japanese insurance law and/or regulation insurance coverage may only be provided to applicants for insurance coverage by persons permitted in accordance with the Insurance Business Law to carry on insurance business in Japan and in accordance with the terms of such authorisation.

  • Above figures are calculated based on Articles 86 and 87 of the Enforcement Regulation of the Insurance Business Law and Ministry of Finance Ordinance No. 50, 1996.

  • For more than 35 years, they have provided painting conservation services to a broad range of private and public clients who appreciate their integrity and individual touch.


More Definitions of Insurance Business Law

Insurance Business Law means the Insurance Business Law of Japan, Law No. 105 of 1995.
Insurance Business Law means the Insurance Business (Bailiwick of Guernsey) Law, 2002; "Guernsey" means the Bailiwick of Guernsey;
Insurance Business Law means the Insurance Business (Bailiwick of Guernsey) Law, 2002, as amended and any other enactment or statutory instrument prescribed for the purposes of that law by regulations of the Commission,

Related to Insurance Business Law

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Insurance Regulator means, with respect to any jurisdiction, the Governmental Authority charged with the supervision of insurance companies in such jurisdiction.

  • general insurance business means any class of insurance business other than long-term insurance business;

  • Insurance transaction means any transaction involving insurance primarily for personal, family, or household needs rather than business or professional needs that entails:

  • Insurance Laws means all Laws applicable to the business of insurance or the regulation of insurance companies.

  • Insurance Regulatory Authority means, with respect to any Insurance Subsidiary, the insurance department or similar Governmental Authority charged with regulating insurance companies or insurance holding companies, in its jurisdiction of domicile and, to the extent that it has regulatory authority over such Insurance Subsidiary, in each other jurisdiction in which such Insurance Subsidiary conducts business or is licensed to conduct business.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Flood Insurance Laws means, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto and (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto.

  • Health insurance carrier or "carrier" means any entity subject to the insurance

  • Flood Insurance Regulations means (a) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (b) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, (c) the National Flood Insurance Reform Act of 1994 (amending 42 USC § 4001, et seq.), as the same may be amended or recodified from time to time, and (d) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • Applicable Insurance Regulatory Authority means, when used with respect to any Insurance Subsidiary, the insurance department or similar administrative authority or agency located in (x) the state or other jurisdiction in which such Insurance Subsidiary is domiciled or (y) to the extent asserting regulatory jurisdiction over such Insurance Subsidiary, the insurance department, authority or agency in each state or other jurisdiction in which such Insurance Subsidiary is licensed, and shall include any Federal insurance regulatory department, authority or agency that may be created in the future and that asserts regulatory jurisdiction over such Insurance Subsidiary.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Health insurance exchange means an exchange as defined in 45 C.F.R. Sec. 155.20.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Business Case means the written reasoning behind the initiation of a Procurement Project, prepared in the form set out in Part 1 of the Procurement Project Plan at Appendix A of the Procurement Project Planning Protocol.

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Issuer or any Restricted Subsidiary, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of co-insurance in an amount up to $150.0 million) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Indenture.

  • Insurance Commissioner means the Insurance Commissioner

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Insurance Affordability Program means a program that is one of the following:

  • Business Benefit Plan means each Benefit Plan that is contributed to, sponsored, maintained or entered into by Seller or a Retained Subsidiary, a Purchased Subsidiary or any Affiliate of any of them for the benefit of any Business Employee.