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.
6 million of underwriting profits
, and a combined ratio of 80.
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