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vacancy permit endorsement
vacancy provision
valuable papers and records coverage
valuation
valuation date
value-added services
value-at-risk (VAR)
valued business interruption coverage
valued coverage
value of risk (VOR)
value reporting form
values
vanishing premium
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vendors coverage
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vertical exhaustion rule
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voluntary compensation endorsement
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voyage clause
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value-at-risk (VAR)

An approach to risk used in banking and investment, but less often by insurers and reinsurers. Involves determining the worst loss expected over a target horizon within a given confidence interval.
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