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INSURER OWNERSHIP, FINANCIAL & OPERATIONAL STRUCTURE (INSURANCE…
INSURER OWNERSHIP, FINANCIAL & OPERATIONAL STRUCTURE
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INSURANCE POLICY
Pays a fixed premium to insurer, where insurer promises to pay losses or benefits
PARTY INVOLVED
INSURED - person, group, or property, when insurance policy is issued.
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LOL
"Lloyd's of London", an organization that provides marketplace where insurance business is transacted.
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