Top image
Menu
     
 

Reinsurance 101
Helping you understand terms and reinsurance language.

Search our reinsurance online glossary of terms or click a letter to view terms in that category...

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z

Quick Search:



VICARIOUS LIABILITY
+ The liability of one party which by law becomes the liability of another, such as the liability of an employer for the acts of an employee.


VOIDABLE PREFERENCE
+ A payment made by an insolvent debtor which, by statute, is recoverable by the debtor's estate because it was either made within a particular fixed period of time prior to commencement of insolvency proceedings or it was in payment of a noncontemporaneous debt, and had the effect of giving the particular creditor who received it more than that creditor's pro rata share of the debtor's assets.



 
Preferred Group
Copyright 2005, Preferred Group : All Rights Reserved
Site Design by 18th Street Design 		 
Prefererred Reinsurance Intermediaries Preferred Specialty Contact Home History Values Links Articles Community Home Reinsurance 101