ADVERSE DEVELOPMENT COVER
\advˈɜːs dɪvˈɛləpmənt kˈʌvə], \advˈɜːs dɪvˈɛləpmənt kˈʌvə], \a_d_v_ˈɜː_s d_ɪ_v_ˈɛ_l_ə_p_m_ə_n_t k_ˈʌ_v_ə]\
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A FINITE INSURANCE CONTRACT where the INSURED shifts the timing of losses that have already occurred, as well as those that have been INCURRED BUT NOT YET REPORTED, to the INSURER. In exchange for a PREMIUM the insurer assumes losses in excess of the insured
By Henry Campbell Black
Word of the day
Proto Oncogene Proteins c erbB 2
- cell surface protein-tyrosine kinase that is found to be overexpressed in significant number adenocarcinomas. It has extensive homology can heterodimerize EGF EPIDERMAL GROWTH FACTOR), 3 receptor (RECEPTOR, 3) and the 4 receptor. Activation of erbB-2 receptor occurs during heterodimer formation with a ligand-bound erbB family members. EC 2.7.11.-.