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Postby REORTIERO » Sat Apr 20, 2013 9:42 am

Ceded Reinsurance Leverage - The ratio of the reinsurance premiums ceded, plus net ceded reinsurance balances from non-US affiliates for paid losses, unpaid losses, incurred but not reported (IBNR), unearned premiums and commissions, less funds held from reinsurers, plus ceded reinsurance balances payable, to policyholders' surplus. This ratio measures the company's dependence upon the security provided by its reinsurers and its potential exposure to adjustment on such reinsurance. Exclusions. Specific conditions or circumstances listed in the policy for which the policy will not pay claims or benefits.
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Last Reported: It refers to the date on which the creditor last reported information about an account on the credit report. Comprehensive auto insurance. Insurance to cover losses resulting from a stolen car or for repairs if the car is hit by a falling object or damaged by fire, flood, or vandals.
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Actual cash value. A claim settlement method in which the insured receives payment based on the current replacement cost of a damaged or lost item, less depreciation. Discharge planning. Under managed care, facilitates the transfer of a patient to a more cost-effective care facility after it is deemed that the patient no longer needs to remain in the hospital.
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Re-loadable Card: Also known as prepaid credit cards, these are re-loadable with monetary value from time to time. Another important feature of re-loadable cards is that they need to be associated with a bank account with the issuer of the card. The date that a creditor last reported an entry regarding a consumer - to the credit reporting agency.
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Public Record Information obtained by the Credit Reporting Agency from court records , such as liens, bankruptcy filings and judgments. Public records are open to any person who requests to see them. Recent Balance: It is the most recent balance on an account. The most recent payment made on an account is, on the other hand known as recent payment.
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