Tag: experience

What is 'Ratings Service' A company, such as Moody's or Standard & Poor's, that rates various debt and preferred stock issues for...

DefinitionRamani Ayer is an Indian-American business executive, and the CEO and chairman of The Hartford from 1997 to 2009. Ramani Ayer What is...

DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...

DefinitionA back office in most corporations is where tasks building layout of early companies where the front office would contain the sales and other...

What is 'Calendar Year Accounting Incurred Losses ' Calendar year accounting incurred losses is a term used in the insurance industry to...

What is 'Calendar Year Experience' The underwriting result based on earned premiums and booked incurred losses for the same calendar-year accounting period....

A Chief Executive Officer (CEO) holds the top most position in a company who is responsible for overall administrative, managerial, operational, strategic and financial...

Partnerships are a great way to pool resources and expertise in order to achieve a common goal. By working together, partners can share the...

What is 'Paraplanning' A relatively new position within the financial planning industry that involves the performance of the administrative duties of a...

What is 'Wallpaper' The name given to stocks, bonds and other securities that have become worthless. Explaining 'Wallpaper' The...