prudent insurer — A theoretical insurer who needs to know all the material facts before entering into a contract of insurance. The insured must not conceal any information that a prudent insurer would need to know in assessing a risk … Big dictionary of business and management
representation — Any conduct capable of being turned into a statement of fact. Scandrett v. Greenhouse, 244 Wis. 108, 11 N.W.2d 510, 512. Statement of fact made to induce another to enter into contract. As element of actionable fraud includes deeds, acts or… … Black's law dictionary
БЛАГОРАЗУМНЫЙ/ОСТОРОЖНЫЙ СТРАХОВЩИК — (prudent insurer) Теоретический страховщик, который до заключения страхового контракта должен ознакомиться со всеми важными фактами (material facts). Страхуемый не должен утаивать никакой информации, знание которой необходимо для того, чтобы… … Финансовый словарь
благоразумный cтраховщик — осторожный страховщик Теоретический страховщик, который до заключения страхового контракта должен ознакомиться со всеми важными фактами (material facts). Страхуемый не должен утаивать никакой информации, знание которой необходимо для того, чтобы… … Справочник технического переводчика
misrepresentation — Any manifestation by words or other conduct by one person to another that, under the circumstances, amounts to an assertion not in accordance with the facts. An untrue statement of fact. An incorrect or false representation. That which, if… … Black's law dictionary
misrepresentation — Any manifestation by words or other conduct by one person to another that, under the circumstances, amounts to an assertion not in accordance with the facts. An untrue statement of fact. An incorrect or false representation. That which, if… … Black's law dictionary
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
General average/New version — Average in maritime commerce to signify damages orexpenses resulting from the accidents of navigation. Average is either general or particular. General average arises when sacrifices have been made, or expenditures incurred, for the preservation… … Wikipedia
Financial reinsurance — (or fin re), is a form of reinsurance which is focused more on capital management than on risk transfer. In the non life segment of the insurance industry this class of transactions is often referred to as finite reinsurance.One of the particular … Wikipedia
Managed care — intended to reduce unnecessary health care costs through a variety of mechanisms, including: economic incentives for physicians and patients to select less costly forms of care; programs for reviewing the medical necessity of specific services;… … Wikipedia
New York State Insurance Department — The New York State Insurance Department (NYSID) is the State regulating agency responsible for supervising and regulating all insurance business in New York State.[1] It is regarded in the industry as one of the most state of the art insurance… … Wikipedia