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. 2012.

Look at other dictionaries:

  • 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

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  • 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