Insurance company operations definition

Insurance company operations means one or more or any combination of the following functions or services performed in connection with the development, sale and administration of products giving rise to receipts subject to a tax on premiums under subsection A, C, D or F of K.S.A. 40-252, and amendments thereto: Actuarial, medical, legal, investments, accounting, auditing, underwriting, policy issuance, information, policyholder services, premium collection, claims, advertising and publications, public relations, human resources, marketing, sales office staff, training of sales and service personnel, and clerical, managerial and other support for any such functions or services.
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Insurance company operations. ’ means one or more or any com- bination of the following functions or services performed in connection with the development, sale and administration of products giving rise to receipts subject to a tax on premiums under subsection A, C, D or F of
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Examples of Insurance company operations in a sentence

  • To the discussants, inflation is caused by huge debts owed by the government and in their presentation, it was concluded that economic growth of a country huge debts impossible until the debts are fully destroyed.D’cracy on the impact of inflation on Insurance company operations, a total return determination in insurance industry from both underwriting and investments is considered.

Related to Insurance company operations

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Captive insurance company means a pure captive insurance company, association captive insurance company, captive reinsurance company, sponsored captive insurance company, special purpose captive insurance company, or industrial insured captive insurance company formed or licensed under this chapter. For purposes of this chapter, a branch captive insurance company must be a pure captive insurance company with respect to operations in this State, unless otherwise permitted by the director.

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Association captive insurance company means a company that insures risks of the member organizations of the association and their affiliated companies.

  • Pure captive insurance company means a company that

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

  • Health Care Operations shall have the meaning given to such term under the HIPAA 2 Privacy Rule in 45 CFR § 164.501.

  • Environmental Management Plan or “EMP” means the environmental management plan for the Project, including any update thereto, incorporated in the IEE;

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

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Insurance Consultant or "consultant" means a person who:

  • Insurance Commissioner means the Insurance Commissioner

  • Companies means Borrower and its Subsidiaries; and “Company” shall mean any one of them.

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • Internationally active insurance group means an insurance holding company system: