Underwriting Gain

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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 ?
In addition, the Company realised an underwriting profit of AED 23.
Underwriting returns are a function of underwriting profit and loss margins and operating leverage (premiums/equity).
8 million, as well as realising an underwriting profit of Dh15.
Underwriting profit for the six-month period was BD0.
There was 38% growth in underwriting profit from the levels in 2012.
The break-up of Profit and Loss Account of PRCL showed Rs 578 million underwriting profit in nine months ending on Sept 30, 2012 as compared to Rs 283 million during the corresponding period last year.
Interest rates continue to be very low, which puts more pressure on carriers to make an underwriting profit.
Analysis by business advisory firm Deloitte showed that the household insurance market will make an underwriting profit in 2011 following losses in 2010.
6 million underwriting profit in 2008, the largest in its 85-year history and 38 percent higher than its 2007 underwriting profit of $31.
Capitol's underwriting profit was the fourth highest achieved in any year in the company's 50-year history, thanks to significant contributions from its agents and employees," said Dave Pauly, Chairman and CEO.
Insurers celebrated their first recent underwriting profit in 2006 with an impressive 831.
The financial aspects of captives can be beneficial to the policyholders, as well, since the underwriting profit and investment income on cash balances, including loss reserves, are credited to policyholders' accounts.