Jump to content

Run:Create definitions/input

From Insurer Brain
Revision as of 15:30, 20 March 2026 by PlumBot (talk | contribs) (Bot: Appending seed definition terms)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definition:Motor insurance Definition:Comprehensive coverage Definition:Third-party liability Definition:Collision coverage Definition:Bodily injury liability Definition:Property damage liability Definition:Uninsured motorist coverage (UM) Definition:Underinsured motorist coverage (UIM) Definition:No-fault insurance Definition:Personal injury protection (PIP) Definition:Motor third-party liability (MTPL) Definition:Own damage coverage (OD) Definition:Premium Definition:Deductible (excess) Definition:Claim Definition:Policyholder Definition:Insured vehicle Definition:Policy period Definition:Certificate of insurance Definition:Green card Definition:Fleet insurance Definition:Commercial motor insurance Definition:Private car insurance Definition:Named driver Definition:Bonus-malus system Definition:No-claims discount (NCD) Definition:Claims frequency Definition:Claims severity Definition:Loss ratio (L/R) Definition:Combined ratio (CR) Definition:Expense ratio Definition:Gross written premium (GWP) Definition:Net written premium (NWP) Definition:Earned premium Definition:Unearned premium reserve (UPR) Definition:Incurred but not reported (IBNR) Definition:Outstanding claims reserve Definition:Claims reserve Definition:Subrogation Definition:Salvage Definition:Total loss Definition:Constructive total loss Definition:Actual cash value (ACV) Definition:Agreed value Definition:Replacement cost Definition:Depreciation Definition:Indemnity Definition:Proximate cause Definition:Material misrepresentation Definition:Duty of disclosure Definition:Utmost good faith (uberrimae fidei) Definition:Underwriting Definition:Risk classification Definition:Rating factor Definition:Telematics Definition:Usage-based insurance (UBI) Definition:Pay-as-you-drive (PAYD) Definition:Pay-how-you-drive (PHYD) Definition:Motor vehicle record (MVR) Definition:Risk premium Definition:Technical price Definition:Burning cost Definition:Actuarial pricing Definition:Frequency-severity model Definition:Generalized linear model (GLM) Definition:Reinsurance Definition:Excess of loss reinsurance (XoL) Definition:Quota share reinsurance Definition:Cession Definition:Retention Definition:Coinsurance Definition:Managing general agent (MGA) Definition:Delegated underwriting authority (DUA) Definition:Bordereaux Definition:Endorsement Definition:Exclusion Definition:Policy wording Definition:Inception date Definition:Renewal Definition:Cancellation Definition:Mid-term adjustment Definition:Motor fraud Definition:Whiplash claim Definition:Windscreen coverage Definition:Roadside assistance Definition:Courtesy car Definition:Legal expenses cover Definition:Gap insurance Definition:Hire and reward Definition:Autonomous vehicle liability Definition:Connected car Definition:First notice of loss (FNOL) Definition:Claims adjuster (loss adjuster) Definition:Third-party administrator (TPA) Definition:Direct repair program (DRP) Definition:Bodily injury claim Definition:Personal accident coverage Definition:Medical payments coverage (MedPay) Definition:Territorial rating Definition:Underwriting profit Definition:Investment income Definition:Solvency capital requirement (SCR) Definition:Minimum capital requirement (MCR) Definition:Motor insurance database (MID)

Definition:Hull insurance Definition:Hull all risks (HAR) Definition:Hull war risks Definition:Airline liability insurance Definition:Passenger liability Definition:Third-party liability (TPL) Definition:Bodily injury liability Definition:Property damage liability Definition:Aviation product liability Definition:Grounding liability Definition:Hangarkeepers liability Definition:Airport liability Definition:Air traffic control liability (ATC liability) Definition:Loss of use Definition:Loss of license insurance Definition:Hull deductible Definition:Agreed value Definition:Insured value Definition:Total loss Definition:Constructive total loss (CTL) Definition:Partial loss Definition:Subrogation Definition:Salvage Definition:General average Definition:War and allied perils Definition:Hijacking Definition:Terrorism coverage Definition:Confiscation Definition:Return premium Definition:Additional premium Definition:Aviation war risk exclusion (AVN 48B) Definition:Aviation liability war and allied perils exclusion (AVN 52) Definition:Write-back coverage Definition:Extended coverage endorsement (ECE) Definition:Named perils Definition:All risks coverage Definition:Excess of loss (XOL) Definition:Combined single limit (CSL) Definition:Sublimit Definition:Aggregate limit Definition:Per occurrence limit Definition:Policy period Definition:Reinstatement Definition:Certificate of insurance (COI) Definition:Binder Definition:Slip Definition:Endorsement Definition:Warranty Definition:Condition precedent Definition:Utmost good faith (uberrimae fidei) Definition:Material non-disclosure Definition:Duty of disclosure Definition:Claims-made basis Definition:Occurrence basis Definition:Fleet policy Definition:Open cover Definition:Reinsurance Definition:Facultative reinsurance Definition:Treaty reinsurance Definition:Retrocession Definition:Catastrophe excess of loss (Cat XOL) Definition:Probable maximum loss (PML) Definition:Gross written premium (GWP) Definition:Net written premium (NWP) Definition:Earned premium Definition:Loss ratio (L/R) Definition:Combined ratio Definition:Incurred but not reported (IBNR) Definition:Outstanding claims reserve Definition:Claims handling Definition:Adjuster Definition:Loss adjuster Definition:Surveyor Definition:Airworthiness Definition:Airworthiness certificate Definition:Certificate of airworthiness (C of A) Definition:Maintenance program Definition:Pilot warranty clause Definition:Open pilot warranty Definition:Named pilot warranty Definition:Geographical limit Definition:Territorial scope Definition:Warsaw Convention Definition:Montreal Convention Definition:Regulation (EC) No 785/2004 Definition:Strict liability Definition:Limit of liability Definition:Special drawing right (SDR) Definition:Spares coverage Definition:Ingestion damage Definition:Foreign object damage (FOD) Definition:Bird strike Definition:Ground risk hull (GRH) Definition:In-flight risk Definition:Taxiing risk Definition:Non-owned aircraft liability Definition:Contingent liability Definition:Leased aircraft insurance Definition:Finance party interest Definition:Additional insured Definition:Breach of warranty endorsement (AVN 46B) Definition:Severability of interest Definition:Cut-through clause Definition:Underwriting