Key to the categories P insurance principles T technical
C class of insurance M market
Ger German market only UK UK market only R reinsurance
Vorwort V
Einführung VI
1. Underwriting [P] 2
2. Hard and soft markets [M] 4
3. Perils and hazards [P] 6
4. Market cycle [M] 8
5. Calculating the premium for property insurance [T / C] 10
6. Market players [M] 12
7. Indemnity [P] 14
8. Life and general (non-life) insurance [M / C] 16
9. Reinstatement [P] 18
10. Slip and cover note [T / UK / M] 20
11. Proximate cause [P] 22
12. Intermediary [M] 24
13. Insurable interest [P] 26
14. Household insurance – buildings [C] 28
15. Average [P] 30
16. Policyholder, insured and beneficiary [T] 32
17. Contribution [P] 34
18. Household insurance – contents [C] 36
19. Subrogation [P] 38
20. Pecuniary insurance [C / UK] 40
21. Utmost good faith [P / UK] 42
22. Business insurance [C] 44
23. All risks policy [C / T] 46
24. Tort [C / P / UK] 48
25. Liability insurance [C] 50
26. Injuries and sickness at work [C] 52
27. Life insurance policies [C] 54
28. Calculating the premium for life insurance [T / C] 56
29. Forms of reinsurance [R / T] 58
IX
Contents
30. Reinsurance past and present [R] 60
31. Marine hull [C] 62
32. Marine cargo [C] 64
33. Excess, deductible, franchise [T] 66
34. Solvency margin – Solvency I [T] 68
35. Warranty [T] 70
36. Solvency II [T] 72
37. Captive insurance company [M] 74
38. Subsidence, heave, landslip [T / C] 76
39. Income protection [C] 78
40. Risk excess of loss [R / T] 80
41. Credit insurance [C] 82
42. Business interruption insurance – calculating the sum insured [T / C] 84
43. Accident insurance [C] 86
44. Product recall cost cover [C] 88
45. Assignment [T] 90
46. Long-tail risks [T] 92
47. Contingency insurance [C] 94
48. Liability policies on an occurrence and on a claims made basis [T / C] 96
49. Insurance policy sections [T] 98
50. Contractors’ all risks (CAR) [C] 100
51. Motor insurance [C] 102
52. Life insurance – lapses and surrenders [T / C] 104
53. Anti-selection [P] 106
54. Traded endowment policies [M / C] 108
55. EML, MPL and other abbreviations [T / C] 110
56. General average [P] 112
57. First loss insurance [T / C] 114
58. Loss ratio [T] 116
59. Changes and new risks in German liability policies [T / C] 118 60. Proportional reinsurance – Quota Share [R / T] 120
61. Handling liability claims [T / C] 122
62. Aviation insurance [C / M] 124
63. Private health insurance in Germany [C / M / Ger] 126 64. Reserving for general (non-life) insurance [T] 128 65. Private medical insurance in the United Kingdom [C / M / UK] 130
66. Accommodation line [T] 132
67. Kidnap and ransom insurance [C] 134
68. Types of risk [P] 136
69. Legal expenses insurance [C] 138
70. Flood risk [T / C] 140
71. Proportional reinsurance – Surplus [R / T] 142
72. Critical illness [T / C] 144
73. Floating and blanket insurance [T / C] 146
74. Motor underwriting [T / C] 148
75. Annuities [T /C] 150
76. Yacht insurance [C] 152
77. Extended and contingent business interruption insurance [T / C] 154
78. Run off [T] 156
X
79. Product liability insurance [C] 158
80. Fidelity insurance [C] 160
81. Catastrophe excess of loss [R / T] 162
82. Environmental impairment liability insurance [C] 164
83. Ex gratia payment [P] 166
84. Coinsurance [M / T] 168
85. Personal liability insurance [C] 170
86. Handling large claims [T] 172
87. Facultative reinsurance [R / T] 174
88. Property damage [T / C] 176
89. Travel insurance [C] 178
90. Directors & Officers insurance (D&O) [C] 180
91. War risk [T] 182
92. Retrocession [R / T] 184
93. Endorsement [T] 186
94. Securitization [T] 188
95. Terrorism [T] 190
96. Valued and unvalued marine policies [T / C] 192
97. Transparency and flexibility in life insurance [M / C] 194
98. Public liability insurance [C] 196
99. Bancassurance [M] 198
100. Stop loss and aggregate excess of loss [R / T] 200
101. Structured settlement [T / C / UK] 202
102. Insurance of satellites [C] 204
103. Formation of a contract in English law [T / UK] 206
104. Burning cost [R / T] 208
105. Predictive genetic testing [T / C] 210
106. Life reinsurance [R / C / T] 212
107. Enterprise risk management [M / T] 214
108. Admitted and non-admitted insurance policies [M / T] 216
109. Professional indemnity insurance [C] 218
110. Protection and indemnity clubs [M / C] 220
111. Underwriting commercial vehicle insurance [T / C] 222
112. Keyman insurance [T / C] 224
113. Engineering insurance apart from CAR and EAR [C] 226
114. Hailstorm [T] 228
115. Insurance of cats, dogs and horses [C] 230
116. Insurance of fine art [C] 232
117. Environmental liability damage [C] 234
118. Changes in German insurance contract law (VVG) [T / Ger] 236
119. Takaful [T] 238
120. Sport insurance [C] 240
121. Commercial property renewal [T / C] 242
122. Product tamper insurance [C] 244
Glossary 1 English – German 249
Alphabetically ordered with definitions
Glossary 2 English – English 311
Alphabetically ordered, the definitions being with the respective Words for the Week
XI
