Underwriting Gain

(redirected from Underwriting Profits)

Underwriting Gain

The profit an insurance company generates after paying all claims. That is, the underwriting gain is what is left over after the premiums the company collects are added to its investment income and the amount the company pays for claims on its policies is subtracted. An underwriting gain is also called an underwriting profit.
References in periodicals archive ?
P&C insurers generated underwriting profits in the last two years.
The underwriting profits for the nine months ending September 30 this year increased substantiallyby 79pc to BD1.
Perhaps they feared some federal lawmaker devising a new windfall underwriting profits tax along the lines of the one Big Oil faces periodically.
R&SA said underwriting profits in the UK fell to pounds 51m in the first half of the year, from pounds 95m in 2006, although it stressed the division maintained strong profitability during the period.
is an insurance holding company that owns and manages specialty property/casualty insurance companies with the objective of consistently earning underwriting profits.
is predicting another year of underwriting profits in 2005, but expects a downturn in 2006, according to a study released by the firm.
Profits are not realized immediately, but over the long-term life of the captive; usually underwriting profits are not returned to policyholders' accounts for 3 to 5 years, minimum.
Data on market growth, premium rate changes, claims costs and underwriting profits.
Each of our subsidiaries grew substantially and earned solid underwriting profits.
Approximately 60% of the industry experienced underwriting profits in 2004, up from 47% the previous year, according to the report.
We believe that this is a useful measure for investors in evaluating the performance of our insurance segments because our objective is to consistently earn underwriting profits.