Underwriting Income

0.01 sec.

Underwriting income

For an insurance company, the difference between the premiums earned and the costs of settling claims.

Underwriting Income

In insurance, the profits generated from premiums in relation to the cost of settling claims. Underwriting income is the revenue generated by premiums on the insurance policies the company offers, less the cost of settling claims. For example, if a company generates $10,000,000 in revenue from premiums and spends $6,000,000 settling claims, its underwriting income is $4,000,000. See also: Loss ratio.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
No references found			ADNIC earned Dh262 million as underwriting income during the first nine months as against Dh176. ADNIC Profit Tumbles 93.4pc by Khaleej Times (Dubai, United Arab Emirates) captive insurers' net income declined approximately 66 percent in 2008, net underwriting income actually increased over the prior year, according to a recent A. U.S. captive net income down, but underwriting income rising by American Agent & Broker The company, which is the largest Takaful and Re-Takaful operator in the world, also announced that its underwriting income registered a remarkable 39 per cent increase to AED 164 million in 2008, compared to AED 118 million in the previous year. SALAMA's gross written premium spurts 42% to touch AED 1.3 bn by Mena Report			Undervaluation Undervalued Undervalued Company Undervalued Currency Undervalued Security underwater Underwater Loan Underwater Option Underweight Underweighted Underwithholding underwrite Underwriter Underwriter's Discount Underwriters Laboratories, Inc. Underwriting Underwriting Agreement Underwriting Commission Underwriting Cycle Underwriting Expenses Underwriting Factors Underwriting Factors: Health Insurance Underwriting Factors: Life Insurance Underwriting Fee Underwriting Gain Underwriting Income Underwriting Requirements Underwriting Risk Underwriting Spread Underwriting Syndicate Underwritten Offering Undetachable Stock Warrant undeveloped land Undifferentiated Marketing Undigested Securities Undischarged Bankrupt undisclosed agency Undisclosed Principal Undiscounted Undistributable reserve Undistributed Profits Undiversifiable Risk Undiversified Undivided Account undivided interest Undivided Profit Undocumented Undue Debt undue influence UNE-P Unearned Discount			Underwriting Expense Underwriting Expenses Underwriting Experience Report Underwriting Factor Underwriting Factor: Health Insurance Underwriting Factor: Life Insurance Underwriting Factors Underwriting Factors: Health Insurance Underwriting Factors: Life Insurance Underwriting fee Underwriting fee Underwriting fee Underwriting fee Underwriting Fees Underwriting Firm Underwriting Firm Underwriting Firm Underwriting Firms Underwriting Firms Underwriting Firms Underwriting Gain Underwriting Gains Underwriting Group Underwriting Group Underwriting Group Underwriting Group Underwriting Groups Underwriting Groups Underwriting Groups Underwriting Groups Underwriting Income Underwriting Incomes Underwriting Medical History Underwriting profit Underwriting Profits Underwriting Requirements Underwriting Risk Underwriting Risks Underwriting Screen Underwriting Service Assistant Underwriting spread Underwriting Spreads Underwriting syndicate Underwriting syndicate Underwriting syndicate Underwriting syndicate Underwriting Syndicates Underwriting Syndicates Underwriting Syndicates Underwriting Syndicates Underwriting Team Leader Underwriting Year underwritten underwritten underwritten underwritten Underwritten offering Underwritten Offerings underwrote underwrote underwrote

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.