casualty insurance - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “casualty insurance”

casualty insurance

noun [U]
 
 
INSURANCE a type of insurance that will pay money if a company or its product is responsible for someone being injured or killed, or for something being damaged: Premium rates in the property and casualty insurance business are for the most part subject to regulation.
(Definition of casualty insurance from the Cambridge Business English Dictionary © Cambridge University Press)
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