Insurance Holding Company System

Insurance Holding Company System,

Insurance Holding Company System:

  • It consists of two or more concerned persons, one or more of whom are insurers.

Literal Meanings of Insurance Holding Company System

Insurance:

Meanings of Insurance:
  1. The process or arrangement in which a company or government agency guarantees compensation for some loss, injury, illness or death in exchange for premium payments.

  2. Anything that provides protection against possible emergencies.

Sentences of Insurance
  1. Adherence to high standards of personal conduct is the best protection against personal problems.

Synonyms of Insurance

preventive measure, indemnification, financial protection, indemnity, provision, cover, safety measure, immunity, precaution, defence, protection, safeguard, security, surety, shelter

Holding:

Meanings of Holding:
  1. A plot of land for rent.

  2. Shares, property and other financial assets owned by an individual.

Sentences of Holding
  1. He said he owns 180 acres of land near his own, but has also rented other properties in the area.

  2. Commercial accommodation

Synonyms of Holding

administrative unit, possessions, sector, district, division, belongings, state, administrative division, department, zone, valuables, administrative district, region, canton, territory, administrative area, area

Company:

Meanings of Company:
  1. A trading company

  2. The reality or condition of living with another person, especially in a way that brings friendship and happiness.

  3. Many people gathered, mostly for one purpose.

  4. Form a team to meet him.

Sentences of Company
  1. A transport company

  2. I can use in company

  3. These are the people who have been with us at the moment

Synonyms of Company

agency, set, group, establishment, amity, house, practice, fellowship, enterprise, institution, circle, company, bureau, office, firm, undertaking, band, closeness, business, camaraderie, venture, crowd, concern, presence, organization, friendship, corporation, party

System:

Meanings of System:
  1. A set of things that work together as part of a connection mechanism or network.

  2. A set of principles or methods by which something is done in an organized structure or method.

  3. The prevailing political or social order, especially when viewed as oppressive and stubborn.

  4. A set of sticks in a sheet of music that included a belt.

Sentences of System
  1. Rural railway system

  2. Multilateral system of government

  3. Don't try to ignore the system

Synonyms of System

line of action, the regime, order, methodology, apparatus, approach, means, network, line, bureaucracy, way, structure, the authorities, organization, technique, manner, arrangement, officialdom, practice, modus operandi, line of attack, framework, the establishment, attack, process, the powers that be, the ruling class