Loss Portfolio Transfer (LPT),
Loss Portfolio Transfer (LPT): What is the Meaning of Loss Portfolio Transfer (LPT)?
Financial insurance The process of insurance in which the liability for losses is transferred back to the insurer and, ultimately, paid. In determining the premium to be paid on insurance, the value of money is also taken into account over time, and, therefore, the premium due is less than the final amount. The legal surplus of the transfer company increases with the difference between the premium and the amount of deposits. For example, an insurer who wants to deny coverage of employee compensation in a particular state, without having to manage the day-to-day settlement of the claims settlement ceremony, fulfills its obligations in accordance with its established policies Can use claim transfer for
Loss Portfolio Transfer (LPT) means: Sale of loss reserves to another insurer by an insurer or reinsurer.
Literal Meanings of Loss Portfolio Transfer (LPT)
Meanings of Loss:
The fact or action of losing someone else.
Sentences of Loss
Don't waste your time
Synonyms of Loss
dropping, forgetting, mislaying, overlooking, misplacement
Meanings of Portfolio:
Loose sheets of paper, such as large, thin, flat squares for drawings or maps.
A series of investments made by an individual or organization.
Position and work of Ministers of State or members of the Cabinet.
Obtain, cite, or participate in job models that include a series of short-term contracts and part-time jobs instead of the traditional single long-term job model.
Sentences of Portfolio
He has a big tie with a picture under his arm
Better returns for your investment portfolio
Get a foreign portfolio
Careers allow women to balance work and family
Synonyms of Portfolio
file, binder, ring binder, shares, securities, holdings, investments, portfolio, equities, document case, bonds
Meanings of Transfer:
Move from place to place.
Switch to another location, route or mode of transport while traveling.
Transfer of property (property, rights or obligations) to another person.
Replace (meaning of word or phrase) with an extension or metaphor.
The act of moving something else.
A small colored drawing or image on paper that can be moved to another level by pressing or heating.
The act of changing places, routes or means of transportation while traveling.
Sentences of Transfer
I fell asleep on the sofa before going to my room that night.
John advised him to go to the train station from Rome airport.
We will transfer the entire responsibility of planning to the local authorities.
Instead, between Latin and English, meaning moved by inhabitants
Transfer of wealth to the poorest countries
Iron transfer shirt
Synonyms of Transfer
turn over, shifting, fetch, removal, transference, surrender, refer, pass on, move, take, relocation, delegate, commit, repositioning, transmit, relinquish, redirection, sign over, moving, cede, transferral, handover, lift, resettle, remove, convey