Indian Shipping and Transport News

This is a daily publication on shipping, ports, railways, roadways and aviation. A part from shipping news, it publishes also (i) schedule of movements of ships due in Bombay and Nhava Sheva for export loading, (ii) movement of ships for import discharge, (ii) ships at berth at docks in Bombay and at Jawaharlal Nehru Port (Nhava Sheva), and (iv) container schedules.

Indicate

A broker who has obtained a quotation fro a leading underwriter for a line of an insurance is said to indicate a rate when he informs his client of this.

Indication

A non-binding statement by an underwriter of the likely level of premium that he would charge to underwrite a risk, subject to the provision of additional information. Compare quotation.

Indicator

1. Key clinical value or quality characteristic used to measure, over time, the performance, processes, and outcomes of an organization or some component of health care delivery. 2. Correct coding initiative (CCI) indicators designate which procedure codes can be pulled out of a bundle and which cannot.

Indigent

Individual who is not able to pay for medical services or treatments and is not eligible for benefits under the Medicaid or other public assistance program.

Indirect business

1. Business transacted with the insurer through an intermediary such as a broker or agent. 2. Business accepted by way of reinsurance.
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Insurance received by insurer through a broker or agent entitled to commission, or through another insurer, as distinct from business transacted directly between the insurer and the insured. Indirect Damage