P

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Package Policy

Partially Modified Coinsurance (Part-co)

Participating Reinsurance

Participation Limit

Participating or Pro Rata Reinsurance

Pay-at-the-Pump

Payback

Pending Reserve

Pension Benefit Guaranty Corporation

Pensions

Per Risk Excess Reinsurance

Peril

Period of insurance

Persistency Bonus

Personal Articles Floater

Personal injury

Personal Injury Protection Coverage (PIP)

Personal Lines

Placement Ratio

Placement Slip

Point-in-Scale YRT

Point-Of-Service Plan

Policy

Policy Year Experience (Also Underwriting Year Experience)

Policyholders’ Surplus

Political Risk Insurance

Pollution Insurance

Pool

Policy

Policy Reserves

Policy Year

Policy-year experience

Portfolio Reinsurance

Portfolio Return

Portfolio Run-off

Predecessor

Preferred Provider Organization

Premises

Premium

Premium (Written/Unearned/Earned)

Premium Base

Premium, Deposit

Premium Portfolio

Premium, Pure

Premium Reserve Deposit

Premium Tax

Premiums In Force

Premiums, Written

Present Value of Future Profits (PVFP) / Value of Business Acquired (VOBA)

Primary

Primary Company

Primary Market

Prime Rate

Prior Approval States

Priority

Private Mortgage Insurance

Private Annuity

Private Placement

Pro Rata

Probate Bond

Producer-Owned Reinsurer

Product Liability

Product Liability Insurance

Production Bonus

Professional Liability Insurance

Professional Reinsurer

Profit Commission

Profit Margin

Proof of Loss

Property/Casualty Insurance

Property/Casualty Insurance Cycle

Proportional

Proposition 103

Prospective Rating (Also Self Rating)

Provision for Adverse Deviation (PAD)

Provisional Rate, Premium, Or Commission

Proximate cause

Punitive Damages

Purchasing Group

Pure Life Annuity

Pure Loss Cost (Also Burning Cost)