BALANCE SHEET
ALLIANZ
CF&T TREASURY
100
The liability covering the deferred portion of the policy term (or risk period) as of the balance sheet date What does UPR stand for?
What is UPR - UNEARNED PREMIUM RESERVE
100
This group is committed to supporting clients in a collaborative partnership through risk identification, analysis, evaluation & risk control. Implement risk control measures and monitoring results. What does ARC stand for?
What is ALLIANZ RISK CONSULTANTS
100
Type of bank account where the end of day balance in the account is maintained at zero. Transfers are made from a master account to fund these accounts. What does ZBA stand for?
What is ZERO BALANCE ACCOUNT
200
Payments that are not identifiable to a specific claim, such as salaries, rent and overhead expenses of internal claim adjusters What does ULAE stand for?
What is UNALLOCATED LOSS ADJUSTMENT EXPENSE
200
Serves the needs of the North American market this insurance company serves as an indirect subsidiary of Allianz SE, operates in the USA with a branch in Canada What does AGR stand for?
What is ALLIANZ GLOBAL RISK
200
Method of measuring the minimum amount of capital appropriate for a reporting entity to support its overall business operations in consideration of its size & risk profile. What does RBC stand for?
What is RETURN BASE CAPITAL
300
This OE has the worldwide responsibility & accountability for the client & its business that is centrally placed. The local Serivcing of our client across their unique global footprint is provided by AGCS offices, local Allianz entities or selected non-Allianz entities network partners What does LOE/SOE stand for?
What is LEAD ORGANIZATIONAL ENTITY / SERVICING ORGANIZATION ENTITY
300
One of the largest insurers in the world with underwriters located in more than 13 countries. Product line includes Ocean Cargo, Hull & Marine Liability, Inland Marine & Related Property (NA only). The new unit is positioned to become the premiere global insurer. What does AMIC stand for?
What is ALLIANZ MARINE INSURANCE COMPANY
300
A promise/financial instrument by the issuing bank to pay a certain amount under specific circumstances. What does LOC stand for?
What is LETTER OF CREDIT
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