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Medvedev claimed that although the term of the contract had expired, under Russian law it did not terminate until an indemnity amount had been negotiated.
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The indemnity amounted to 450 million taels to be paid over 39 years.
The indemnity payout amount does not include ALAE.
Specifically we looked at data regarding adjudication status of claims, indemnity payment amounts, and claim related expenses.
This will cause a large amount of insurance indemnity in the region in a particular year.
Bandyopadhyay et al. consider the situation where the insured chooses not to report an incident because the amount of indemnity received is smaller than the costs relating to reputation damage [32].
Why spend $150 a month on a cellphone bill when you're not willing to save the same amount on an indemnity policy (a high-deductible health insurance policy) that can save you from financial ruin?
When the promised indemnity exceeds the total of the reinsurer's initial capital and the reinsurance premium, the reinsurer may fail to pay the promised amount or default may occur.
As a percentage of total indemnity payouts, high-liability risk specialty indemnity payouts accounted for 61% compared to 39% for low-liability risk specialties (Table 1).
The government was quick to pay an indemnity for the dead sheep, amounting to more than the income he could have expected by selling them.
The premium rate is the amount that you will pay per hundredweight of milk protected for the insurance regardless of whether you end up collecting an indemnity or not.
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CEO of Professional Science Editing for Scientists @ prosciediting.com