Traduction de «loss profits insurance » (Anglais → Français) :

In so far as authorised under national law, realised profits appearing as surplus funds in the statutory annual accounts shall not be considered as insurance and reinsurance liabilities, to the extent that these surplus funds may be used to cover any losses which may arise and where they have not been made available for distribution to policyholders and beneficiaries.

*Question No. 73 Ms. Dawn Black: With regards to private contracting for food services on Canadian Forces Wings, Bases or Stations: (a) were requests for proposals (RFPs) issued for private companies to create franchise services for food services on military bases at any time over the last two years; (b) if RFPs were issued, was Public Works and Government Services Canada involved during the tendering process and were the tenders administered in accordance with the Financial Administration Act; (c) what directorate, group or principal of the Department of National Defence (DND) administered or managed the tendering process; (d) if, an ...[+++]d when, contracts were awarded, what were the agreements for utility costs such as water, electricity, heat, and sewage with the winning bidders; (e) for government-owned infrastructure occupied by private sector franchises or companies, are there lease or rental agreements in place; (f) who are the owners of freestanding buildings on military wings and bases, and if the sole occupant and owner is a franchise or company, how are the property taxes assessed and paid, including all utilities for these buildings; (g) for government-owned facilities that are occupied either partially or solely by private sector franchises or companies, how are maintenance costs to building repairs or preventive maintenance schedules handled for the private sector occupants, and who performs the work; (h) are private sector franchises required to carry and show proof of insurance for personal liability, personal and property damages for these facilities; (i) are there service level agreements set up for emergency services such as police, fire and paramedics between franchises, companies and DND; (j) who are the contract managers for any contracts let for private franchises; (k) what is the length of each contract for all aspects of utility costs, leasing, and rental agreements; (l) has there been any loss in income to any base commander’s budget b ...

In other words, the following injustice is being promoted: small- and medium-sized farms will sustain losses from natural disasters and commercial crises, in the best case scenario of at least 30%, while insurance capital's profitability will be guaranteed.

This may consist of its assets — paid-up share capital, reserves and profit or loss brought forward — or other financial assets belonging to the insurance company.

Holding gains and losses are to be ignored in the measurement of the output of insurance services: they are not to be regarded as income from investment of the insurance technical reserves and they are not to be considerd as changes in the actuarial reserves and reserves for with-profits insurance.

TEKO is a pool set up for the purpose of joint and mutual reinsurance for insurance policies covering loss of profits from machine breakages.