all-risk insurance

All Risk Insurance — marine cargo insurance which covers most perils except strikes, riots, civil unrest, capture, war, seizure, civil war, piracy, loss of market, and inherent vice. Bloomberg Financial Dictionary …   Financial and business terms

all-risk — «L RIHSK», adjective. covering against all kinds of losses except those specifically excluded by the terms of the policy: »all risk insurance …   Useful english dictionary

Finite Risk insurance — is the term applied within the insurance industry to describe an Alternative Risk Transfer product that is typically a multi year insurance contract where the insurer bears limited underwriting, credit, investment and timing risk. The assessment… …   Wikipedia

Political risk insurance — is a type of insurance that can be taken out by businesses, of any size, against political risk the risk that revolution or other political conditions will result in a loss.Political risk insurance is available for several different types of… …   Wikipedia

Terrorism Risk Insurance Act — The Terrorism Risk Insurance Act (TRIA) is a United States federal law signed into law by President George W. Bush on November 26, 2002. The Act created a federal backstop for insurance claims related to acts of terrorism. The Act is intended as… …   Wikipedia

Builders' All Risk — A standard construction insurance package. Bloomberg Financial Dictionary …   Financial and business terms

Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …   Wikipedia

insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

Risk — takers redirects here. For the Canadian television program, see Risk Takers. For other uses, see Risk (disambiguation). Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable… …   Wikipedia

insurance risk — ➔ risk1 * * * insurance risk UK US noun [C] ► INSURANCE the possibility of loss, damage, injury, etc. against which insurance is provided: »We will cover you against flooding and all other insurance risks. ► a person or business when they are… …   Financial and business terms