Insurance Abbreviations [PDF] – GK Notes

 Insurance Abbreviations  – Hello Friends, Nowadays in almost all government and non-government competitive examinations General Knowledge (GK) related questions are being asked. Here, We have collected important topics related to General Knowledge (GK) which have been asked in various competitive exams like Bank, SSC, Railway, UPSC.

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Here we are providing you a list of Insurance Abbreviations. Question related to Insurance Abbreviations are generally asked in various competitive examinations. Please check below given list of Insurance Abbreviations, It will surely help you to score more in your competitive examination.

S. No. Abbreviations Insurance Terms
1. ACSRUSA Accredited Customer Service Representative
2. ARMUSA Associate in Risk Management
3. ARM-PUSA Associate in Risk Management for Public Entities
4. ASOPUSA Actuarial Statement of Practice
5. BAPUSA Business Auto Policy
6. BCBSAUSA Blue Cross and Blue Shield Association
7. BIUSA Bodily Injury
8. BOPUSA Business Owners Policy
9. CFROIUSA Cash Flow Return on Investments
10. CRISUSA Construction Risk and Insurance Specialist
11. CICUSA Certified Insurance Counsellor
12. CISRUSA Certified Insurance Service Representative
13. CPCUUSA Chartered Property Casualty Underwriter
14. CPIW / CPIMUSA Certified Professional Insurance Woman / Man
15. CCCUSA Care, Custody, Or Control (Exclusion)
16. COBRAUSA Consolidated Omnibus Budget Reconciliation Act
17. D&BUSA Dun & Bradstreet
18. DECUSA Declarations Page
19. DEDUSA Deductible
20. DIUSA Disability Income
21. DICUSA Difference-In-Conditions (Insurance)
22. DILUSA Difference-In-Limits (Clause)
23. D&OUSA Directors and Officers (Liability Insurance)
24. DSUUSA Delay in Start-Up Insurance
25. DOBUSA Date of Birth
26. DOCUSA Drive other Car Coverage
27. DODUSA Date of Death
28. EAPUSA Estimated Annual Premium
29. EBIDDAUSA Earnings Before Interest, Dividends, Depreciation, And Amortization
30. EH&SUSA Environmental Health and Safety
31. EPUSA Earned Premium
32. EPAUSA Environmental Protection Agency
33. EPDUSA Expected Policyholder Deficit
34. EPLUSA Employment Practices Liability
35. EPLIUSA Employment Practices Liability Insurance
36. ETBUSA Engaged in Trade or Business
37. FAIRUSA Fair Access to Insurance Requirements
38. FALUUSA Fellow of the Academy of Life Underwriting
39. FCASUSA Fellow of the Casualty Actuarial Society
40. FAPUSA Family Automobile Policy (More Commonly Pap)
41. FCPLUSA Farmers Comprehensive Personal Liability
42. FCRAUSA Fair Credit Reporting Act
43. FIRMUSA Flood Insurance Rate Map
44. FIRREAUSA Financial Institutions Reform Recovery and Enforcement Act
45. FMVUSA Air Market Value
46. FTCACUSA Fire, Theft, And Combined Additional Coverage
47. FVDUSA Full Value Declared
48. GAPUSA Guaranteed Auto Protection
49. GCDUSA Guaranteed Cost Discount
50. GIOUSA Guaranteed Insurability Option
51. GKLLUSA Garage Keepers Legal Liability (Insurance)
52. GLUSA General Liability
53. GVWUSA Gross Vehicle Weight
54. GWPUSA Gross Written Premium
55. HIAAUSA Health Insurance Association of America
56. HIIUSA Health Insurance Institute
57. HIPAAUSA Health Insurance Portability and Accountability Act
58. HLDIUSA Highway Loss Data Institute
59. HLVUSA Human Life Value
60. HCQIAUSA Health Care Quality Improvement Act
61. HPLUSA Hospital Professional Liability (Insurance)
62. HPRUSA Highly Protected Risk (Property)
63. IAHUUSA International Association of Health Underwriters
64. IFCUSA Insured Fixed-Price Cleanup
65. IIAAUSA Independent Insurance Agents of America, Inc.
66. IIACUSA International Insurance Advisory Council
67. IIHSUSA Insurance Institute for Highway Safety
68. IIIUSA Insurance Information Institute
69. IRIUSA Industrial Risk Insurers
70. IRISUSA Insurance Regulatory Information System
71. IRMUSA Improved Risk Mutuals
72. ITIUSA Insurance Testing Institute
73. JCAHUSA Joint Commission on the Accreditation of Hospitals
74. JCAHOUSA Joint Commission on Accreditation of Healthcare Organizations
75. JSAUSA Job Safety Analysis
76. JUAUSA Joint Underwriting Authority; Joint Underwriting Association
77. JVUSA Joint Venture
78. LAEUSA Loss Adjustment Expense
79. LIAAUSA Life Insurance Association of America
80. LIAMAUSA Life Insurance Agency Management Association
81. LIRBUSA Liability Insurance Research Bureau
82. LLCUSA Limited Liability Company
83. LMUUSA Loss Mitigation Underwriting
84. LOCUSA Letter of Credit
85. LTAUSA Lost Time Accident; Long Term Agreement
86. LTDUSA Long-Term Disability
87. MCOUSA Managed Care Organization
88. M&DUSA Minimum and Deposit
89. MDOUSA Monthly Debit Ordinary Life Insurance
90. MDRTUSA Million Dollar Round Table
91. METUSA Multiple Employer Trust
92. MFLUSA Maximum Foreseeable Loss
93. MLEUSA Maximum Loss Expectancy
94. MLEAUSA Multiple Line Exclusive Agent
95. MPCIUSA Multi-Peril Crop Insurance
96. MPLUSA Maximum Possible Loss
97. MPPUSA Managed premium plan
98. MVRUSA Motor Vehicle Record
99. NAUAUSA National Auto Underwriters Association
100. NDIUSA National Disaster Insurance Association
101. NFIPUSA National Flood Insurance Program
102. NFIRAUSA National Flood Reform Act
103. NFPAUSA National Fire Protection Association
104. NIOSHUSA National Institute for Occupational Safety and Health
105. NRRAUSA National Risk Retention Association
106. NRTUSA National Response Team
107. NSCUSA National Safety Council
108. OCAUSA Outstanding Claims Account
109. OCIPUSA Owner Controlled Insurance Program
110. ODUSA Occupational Disease
111. OL&TUSA Owners, Landlords, And Tenants (Insurance)
112. ORFSUSA Operational Risk Financing Securities
113. ORMUSA Operational Risk Management
114. OSHAUSA Occupational Safety and Health Act; Occupational Safety and Health Administration
115. OSLRUSA Outstanding Loss Reserves
116. OTCUSA Other Than Collision
117. PAPUSA Personal Auto Policy
118. P&CUSA Property and Casualty
119. PCUSA Professional Corporation
120. P&IUSA Protection and Indemnity (Insurance)
121. PIUSA Personal Injury
122. PIAUSA Primary Insurance Account
123. PIAAUSA Physician Insurers Association of America
124. PICAUSA Professional Insurance Communicators of America
125. PIPUSA Personal Injury Protection
126. PMAUSA Package Modification Adjustment
127. PMFUSA Package Modification Factor
128. PMIUSA Private Mortgage Insurance
129. PMLUSA Probable Maximum Loss
130. RAAUSA Reinsurance Association of America
131. RAMUSA Reverse-Annuity Mortgage
132. RAROCUSA Risk-Adjusted Return on Capital
133. RARORACUSA Risk-Adjusted Return on Risk-Adjusted Capital
134. RBCUSA Risk-Based Capital
135. RBNEUSA Reserved But Not Enough
136. RCUSA Replacement Cost
137. RTWUSA Return to Work
138. SAAUSA Surety Association of America
139. SCOPEUSA Supervision, Construction, Occupancy, Protection, Exposure
140. SCPCUUSA Society of Chartered Property & Casualty Underwriters
141. SECUSA Securities and Exchange Commission
142. SEMCIUSA Single Entry Multiple Carrier Interface
143. S&PUSA Standard and Poor’s
144. SPAPUSA Special Personal Auto Policy
145. STDUSA Short-Term Disability
146. TDBUSA Temporary Disability Benefits
147. TDIUSA Trade Disruption Insurance
148. TEFRAUSA Tax Equity and Financial Responsibility Acts of 1982 & 1983
149. TERIUSA Targeted Enterprise Risk Insurance
150. TIAAUSA Teachers Insurance and Annuity Association
151. TOLIUSA Trust-Owned Life Insurance
152. TORUSA Technique of Operations Review
153. TPAUSA Third-party administrator
154. TRAUSA Tax Reform Act of 1984
155. TRIAUSA Terrorism Risk Insurance Act
156. TTDUSA Temporary Total Disability
157. UEPUSA Unearned Premium
158. UJFUSA Unsatisfied Judgment Fund
159. UIMUSA Underinsured Motorist
160. UIMVUSA Underinsured Motor Vehicle
161. ULUSA Umbrella Liability; Underwriters’ Laboratories
162. ULAEUSA Unallocated Loss Adjustment Expenses
163. ULCUSA Underwriters Laboratories of Canada
164. UMUSA Uninsured Motorist
165. UMPDUSA Uninsured Motorist Property Damage
166. UMVUSA Uninsured Motor Vehicle
167. UNLUSA Ultimate Net Loss
168. U&OUSA Use and Occupancy
170. WCUSA Workers Compensation
171. WCRIUSA Workers Compensation Research Institute
172. YRCTUSA Yearly Renewable Convertible Term
173. YRTUSA Yearly Renewable Term
S. No. Abbreviations Insurance Terms
1. ACF Auto-Correlation Function
2. AD Authorized Dealer
3. ADB Asian Development Bank
4. ADR American Depository Receipt
5. AFS  Annual Financial Statement
6. AGM Annual General Meeting
7. ASSOCHAM Associated Chambers of Commerce and Industry of India
8. AMFL Association of Mutual Funds in India
9. ALM Asset Liability Management
10. ATM Automated Teller Machine
11. BIS Bank for International Settlements
12. Bop Balance of Payments
13. BSCS Basel Committee on Banking Supervision
14. BSR Basic Statistical Returns
15. BSE Bombay Stock Exchange
16. CAD Capital Account Deficit
17. CAG Controller and Auditor General of India
18. CAR Cash Adequacy Ratio
19. CBS Core Banking Solution
20. CCEA Comprehensive Economic Cooperation Agreement
21. CDBS Committee of Direction on Banking Statistics
22. CEPA Comprehensive Economic Partnership Management
23. CFRA Combined Finance and Revenue Accounts
24. CGRA Currency and Gold Revaluation Account
25. CIBIL Credit Information Bureau (India) Limited
26. CII  Confederation of Indian Industries
27. CPI  Consumer Price Index
28. CRR  Cash Reserve Ration
29. DICGC Deposit Insurance and Credit Guarantee Corporation of India
30. DTAA Double Taxation Avoidance Agreement
31. ECB External Commercial Borrowings
32. ECS Electronic Clearing Scheme
33. EEFC Exchange Earner’s Foreign Currency
34. EFSF European Financial Stability Facility
35. EXIM Export-Import Bank of India
36. FCA Foreign Currency Assets
37. FCNRA Foreign Currency Non-resident Account
38. FDI Foreign Direct Investment
39. FERA Foreign Exchange Regulation Act
40. FICCI  Federation of Indian Chambers of Commerce and Industry
41. FII Foreign Institutional Investor
42. FIMMDA Fixed Income Money Markets and Derivatives Association
43. FINO Financial Inclusion Network Operation
44. FIPB Foreign Investment Promotion Board
45. FPI Foreign Portfolio Investment
46. FSDC Financial Security and Development Council
47. FSLRC Financial Sector Legislative Reforms Commission
48. FTA Free Trade Agreement
49. GDP Gross Domestic Product
50. GDR Global Depository Receipt
51. GFD  Gross Fiscal Deficit
52. GIRO Government Internal Revenue Order
53. GAAR General Anti Avoidance Rule
54. HDFC Housing Development Finance Corporation
55. SLR  Statutory Liquidity Ratio
56. ICICI Industrial Credit and Investment Corporation of India
57. IDBI Industrial Development Bank of India
58. IMF International Monetary Fund
59. IPO  Initial Public Offering
60. LAF Liquidity Adjustment Facility
61. LIBOR London Inter Bank Offered Rate
62. MIBOR Mumbai Inter- Bank Offer Rate
63. NABARD National Bank for Agricultural and Rural Development
64. NASSCOM National Association of Software and Services Companies
65. NBFC  Non- Banking and Finance companies
66. NEFT  National Electronic Funds Transfer System
67. NSE National Stock Exchange
68. NPA Non Performing Assets
69. OMO Open Market Operations
70. RTGS Real Time Gross Settlement System
71. SCC  Selective Credit Control
72. SHGs  Self Help Groups
73. SEBI Securities and Exchange Board of India
74. SIDBI Small Industries and Development Bank of India
75. WPI Wholesale Price Index

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