Business, Legal & Accounting Glossary
The resource of insurance accessible to meet demand.
If an insurance company does not have enough in assets to cover all potential claims, they are at maximum capacity and cannot write any more policies.
After the hurricane, the insurance company paid out so many claims that they lost capacity and raised premiums across the board.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Capacity are sourced/syndicated and enhanced from:
This glossary post was last updated: 13th February, 2020 | 5 Views.