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insurance
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    Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia 0.06 sec.

insurance

Contract guaranteeing compensation to the payer of periodic premiums against loss (under stipulated conditions) by fire, death, accident, and the like. Various consumer policies also insure legal or health services, paying bills or portions thereof, within the contracted conditions. Insurance is a major component of business activity, covering potential loss of property, inventory, or goods in transit.

During the Gulf War between Iran and Iraq 1987-88, it was the refusal of insurance companies to cover losses sustained by acts of war that dissuaded oil tankers from passing through the zone of hostilities.
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? Mentioned in ? References in periodicals archive
 
The assurfinance agents were responsible for 18% of the year's production (12% in 2004), giving a decisive contribution to the increase in mortgage credit production.
Banco Espirito Santo 2005 Consolidated Results (Unaudited) by Business Wire
Excluding the cost of promoting the "T-Card", an initiative intended to promote the Assurfinance project, this increase would have been even lower.
Banco Espirito Santo 3Q2005 Consolidated Results (Unaudited) by Business Wire
Clearly positive Assurfinance results, namely in the new product called "T-Card": 12 000 new clients acquired; mortgage production represents 15% of total BES new mortgage production; the number of cards issued reached 15 000.
Banco Espirito Santo 1H2005 Consolidated Results (Unaudited) by Business Wire
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