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GAO Report: Definitions of Insurance and Related Information
U.S. Government Accountability Office [GAO]
Mar. 23, 2006
59 pages. "[GAO] looked at a variety of sources to identify a definition of insurance and found that, while most definitions differed because they were developed for specific purposes or had changed over time, the definitions shared key elements of risk transfer and risk spreading. Definitions of insurance are developed for various purposes such as different fields of study, categories of insurance, and state or federal statutes." [GAO-06-42R, published Feb. 23, 2006, released Mar. 21, 2006]
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