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Reinsurance Glossary

Reinsurance Glossary

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B-Share Variable Annuity

Bailees of Cargo

Balance Sheet

Bank Holding Company

Base Premium

  • See Subject Premium

Basis Point

Beach and Windstorm Plans

Benefit Reserves

Binder

Binding Authority

Binding Limit

Blanket Insurance

Bloodstock Insurance

Bodily Injury Liability Coverage

Boiler And Machinery Insurance

Bond

Bond Rating

Book of Business

Bordereau (plural Bordereaux)

Broker

Brokerage Market

Buffer

Bulk Administration

Bulk Reinsurance

Burglary and Theft Insurance

Burning Cost

Business Income Insurance (also known as Business interruption Insurance)

Business Owners Policy (BOP)

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