Underwriting Income Meanings:
Underwriting Income means, Underwriting is the profit earned from the policy offered by the revenue insurance company considering the claims earned and the costs of settling the claims. This number provides an accurate measure of the company's underwriting effectiveness.
You can define Underwriting Income as, An underwriting return is a profit that is earned from the insurance company's underwriting activities over a period of time. The result of the guarantee is the difference between the premium received by the insurer and the costs and claims paid in the insurance contract. Larger claims and disproportionate expenses may result in loss of insurance benefits rather than income for insurance. The level of insurance revenue is an accurate measure of the effectiveness of the insurance company's insurance activities.
- The result of the guarantee is the profit earned by the insurance company in its activities.
- There is a difference between underwriting income insurance contract premiums and claims paid in addition to professional fees.
- The results of the underwriting may indicate the ability of the insurance company to claim new business entities or its risk analysis process.
- If the insurer can make a positive underwriting return, it will be better financially and will not have to rely on investment income or risk insurance policies.
Literal Meanings of Underwriting Income
Meanings of Underwriting:
Sign and accept liability (insurance policy) to guarantee payment in case of loss or damage.
Agree with (bank or other financial institution) to buy unsold shares (issuance of new shares)
Write (something) under someone else, especially another script.
Sentences of Underwriting
This policy, signed by Lloyds, compensates the trustee for damages caused by irregularities.
The purchase order is paid for the issuance of the ordered shares
Synonyms of Underwriting
pen, scribble, inscribe, pencil, scrawl, dash off, write, put, add
Meanings of Income:
The amount received for regular work or investment.
Sentences of Income
Have a good house and a decent income
Synonyms of Income
remuneration, earnings, salary, emolument, stipend, wages, pay