Insurance Expert definition

Insurance Expert has the meaning given to it in Clause 25.4(c).
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Insurance Expert means Lockton Companies (Singapore) Private Limited or such other insurance adviser as may be from time to time reasonably acceptable to the Facility Agent. “Interest Period” means, save as otherwise provided herein:
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Insurance Expert means Lockton Companies (Singapore) Private Limited or such other insurance adviser as may be from time to time reasonably acceptable to the Facility Agent.
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Examples of Insurance Expert in a sentence

  • The committee will contain at least one (1) person from each building plus a Board Office Insurance Expert.

  • The Commission Services had a number of meetings with the Expert Group on Banking, Payments and Insurance (Expert Group), composed of Member State experts, on 15 May, 13 June, 30 June, 9 July, 16 July, 23 July, 30 July, 10 September, 25 September, 2 October and 8 October 2014.

  • In making such determination, the Insurance Expert shall act as an expert and not as an arbitrator.

  • A majority of FinREC and the Insurance Expert Panel recommend that the composite margin should offset any increases in the probability-weighted estimate of future cash flows as a “shock absorber”.

  • Confirmation from the Insurance Expert in the form of an insurance report issued by it that the Borrower is insured in accordance with Clause 18.2 (Insurance).

  • The majority of FinREC and the Insurance Expert Panel do not object to the proposed guidance for reinsurance contracts allowing a Day 1 gain by the cedant if the expected present value of future cash inflows plus the risk adjustment exceed the expected present value of future cash flows, as a transfer of risk exists through the reinsurance contract.

  • The Plant becomes or is declared a total loss or is beyond economic repair in the opinion of the Insurance Expert.

  • E) If the IASB were to adopt an approach that includes a composite margin, a majority of FinREC and the Insurance Expert Panel recommend that the composite margin should offset any increases in the probability-weighted estimate of future cash flows as a “shock absorber”.

  • Supplementary financial information -- Disclosure of material quarterly changes when financial statements are retrospectively revised in connection with a new Form S-3 BackgroundIn December 2021, the AICPA Insurance Expert Panel (IEP) virtually met with the SEC staff and asked for guidance on the transition date for ASU 2018-12: Targeted Improvements to Long- Duration Contracts when a new registration statement is filed in the year of adoption.

  • However, a minority of FinREC and the Insurance Expert Panel believe that gain recognition upon entering into a reinsurance contract would be inconsistent with the concept in the ED of no Day 1 gain for direct written insurance contracts, and might result in accounting arbitrage.


More Definitions of Insurance Expert

Insurance Expert means J.X. Xxxxxxx International Insurance Advisors, Inc., or its successor appointed pursuant to the Disbursement Agreement and with the consent of the Administrative Agent.
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Insurance Expert has the meaning set forth in Section 2.5(e)(vii).
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Related to Insurance Expert

  • Insurance Expenses means any Insurance Proceeds (i) applied to the repair of the related Leased Vehicle, (ii) released to the related Lessee in accordance with applicable law or the Customary Servicing Practices or (iii) representing other related expenses incurred by the Servicer that are not otherwise included in Liquidation Expenses or Disposition Expenses and recoverable by the Servicer under any applicable Servicer Basic Documents.

  • Insurance carrier means every insurance carrier duly

  • Insurance adjuster means a person who directs or conducts the investigation, negotiation, or settlement of a claim under an insurance policy other than life insurance or an annuity, on behalf of an insurer, policyholder, or a claimant under an insurance policy.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Professional surveyor means a person who, by reason of knowledge of law, mathematics, physical sciences, and techniques of measuring acquired by professional education and practical experience, is qualified to engage in the practice of professional surveying.

  • Comprehensive assessment means the gathering of relevant social, psychological, medical and level of care information by the case manager and is used as a basis for the development of the consumer service plan.

  • Independent Expert means a Person or entity with no material current or prior business or personal relationship with the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of assets of the type held by the Company.

  • insurance broker means an insurance brokerage firm,

  • Professional land surveyor means a professional land surveyor licensed under ch. 443.

  • Expert is defined in Section 7.9 of this Agreement.

  • Approved Brokers means such firm of insurance brokers, appointed by the Charterer during the Charter Period, as may from time to time be approved in writing by the Mortgagee for the purposes of this Deed;

  • Insurance Advisor means Aon Risk Services and any replacement thereof appointed by the Required Secured Parties and, if no Event of Default shall then be occurring, after consultation with the Borrower.

  • Arbiter has the meaning set forth in Section 1.05(d).

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

  • Property Insurance is defined in Section 6.10(a).

  • Neutral Accountant means a national independent accounting firm selected by Buyer and reasonably acceptable to Sellers.

  • Association Property means that property, real and personal, which is owned or leased by, or is dedicated by a recorded plat to, the association for the use and benefit of its members.

  • Title Insurance Company means the company that has or will issue the title policies with respect to a Leased Property, which company shall be reasonably acceptable to the Funding Parties.

  • Insurance Commissioner means the Insurance Commissioner

  • Chartered Accountant means a person practicing in India or a firm whereof all the partners practicing in India as a Chartered Accountant(s) within the meaning of the Chartered Accountants Act, 1949;

  • 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.

  • Insurance Provider s Tender” means the completed Tendering Document submitted by the Insurance Provider to the Procuring Entity

  • Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

  • Approved Broker means any of the companies listed on Schedule 7 or such other company proposed by the Borrowers which the Agent may, with the consent of the Majority Lenders (such consent not to be unreasonably withheld), approve from time to time for the purpose of valuing a Ship, who shall act as an expert and not as arbitrator and whose valuation shall be conclusive and binding on all parties to this Agreement;

  • Captive insurance company means any pure captive insurance company, association captive

  • Insurance Rent the sums described in paragraph 1.1 of Schedule 4; “Insured Risks” the risks of fire (including subterranean fire), lightning, explosion, storm, flood, subsidence, landslip, heave, earthquake, burst or overflowing water pipes, tanks or apparatus, impact by aircraft or other aerial devices and any articles dropped from them, impact by vehicles, terrorism, riot, civil commotion and malicious damage to the extent, in each case, that cover is generally available on normal commercial terms in the UK insurance market at the time the insurance is taken out, and any other risks against which the Landlord reasonably insures from time to time, subject in all cases to any excesses, limitations and exclusions imposed by the insurers;10