risk insured against(In order to be insurable, the risk insured against must meet certain characteristics in order to be an insurable risk. wiki Alexander Demidov)
insurance adjustment(Insurance adjustment, the settlement of an insurance claim; the determination for the purposes of a settlement of the amount of a claim, particularly a claim against an insurance company, giving consideration to objections made by the debtor or insurance company, as well as the allegations of the claimant in support of his claim. Adjustment of claims is not confined to claims against insurance companies. WK Alexander Demidov)