Net Underwriting Income,
How Do You Define Net Underwriting Income?
The net result of the purchase is the profit that the insurer receives from the premium after paying several related expenses. These costs include payments, insured profits, and settlement of claims. The insurer will prepare a net subscription premium only if the amount received from the premium exceeds the amount payable for expenses.
Net premiums are earned after minimizing losses incurred, adjusting adjustment costs for losses, selling costs and paying dividends to policyholders.
Literal Meanings of Net Underwriting Income
Meanings of Net:
A piece of open net made of rope, rope, rope, or similar, commonly used for fishing or other animals.
This structure is made up of nets in the frame that make goals in sports such as football and hockey.
An excellent weave that is open.
A way to catch someone.
Catch or land (fish or other animal).
(In sports) kicking or kicking (ball or puck) round (round)
Cover it with gauze.
(Quantity, price or value) left after deductions, such as taxes or rebates.
(Effect or result) final or universal.
Earn or receive net profit (one cash).
Sentences of Net
Fishermen repair their nets
Turns Wilson's cross into a goal
Clean the curtains
The search was postponed so that the killers escaped the net
Ensuring privacy on the network is becoming increasingly difficult
Damage to fishing
Wright scored 177 goals in six years
Increase in earnings per share
Synonyms of Net
netting, meshwork, mesh, webbing, tulle, fishnet, openwork, lace, lacework, latticework, lattice, trap, booby trap, snare, after taxes, after deductions, take-home, clear, final, end, ultimate, concluding, closing, earn, make, get, gain, obtain, acquire
Meanings of Underwriting:
Signed and responsible for guarantee of payment in case of loss or damage (insurance policy)
(Bank or other financial institution) agrees to purchase all unsold shares
Writing (something) among other things, especially writing among others.
Sentences of Underwriting
The policy, signed by Lloyds, exempts management from damages caused by irregularities.
Purchases are made through the issuance of subscribed shares
Synonyms of Underwriting
write, inscribe, pen, pencil, scribble, scrawl, dash off, put, add
Meanings of Income:
Regular payments are made for work or through private investment.
Sentences of Income
Have a nice home and a good income
Synonyms of Income
earnings, salary, pay, remuneration, wages, stipend, emolument