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Term
Definition
Return on Equity - (ROE)
Net income divided by total equity. Measures profitability
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Revocable Beneficiary
A life insurance policy beneficiary whose right to
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Rider
An attachment to an insurance policy that alters
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Risk
The chance of loss or the person or
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Risk Based Capital
The need for insurance companies to be capitalized
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Risk Factor
Things about you that affect your risk. Some
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Risk Management
Management of the varied risks to which a
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Risk Retention
The amount of risk retained by an insurance
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Risk Retention Insurance Groups
Insurance companies that band together as self-insurers and
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Definitions
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