Underwriting Year Experience,
Underwriting Year Experience Definition:
Membership is based on the final loss due to subscribed premiums and loss events during the same accounting period. The accounting period is the period covered by the insurance policy or agreement, regardless of the effective declaration, registration or date of payment of premiums and damages.
Literal Meanings of Underwriting Year Experience
Meanings of Underwriting:
Sign and accept liability (insurance policy) to guarantee payment in case of loss or damage.
Agrees to buy unsold shares from (bank or other financial institution) (issuance of new shares).
Writing (something) among other things, especially writing among other things.
Sentences of Underwriting
The policy, signed by Lloyds, exempts trustees from damages caused by violations.
Purchases are paid with the issuance of issued shares
Synonyms of Underwriting
write, add, dash off, scribble, pen, put, pencil, inscribe, scrawl
Meanings of Year:
The time it takes for the earth to revolve around the sun.
A period of 365 days (or 366 days in a leap year) beginning January 1 and is used to calculate time in normal business operations. 365 days from each date; Depending on the quality of the product year, the wine time is usually used to calculate the time according to other calendars.
Age or period of life.
Groups of students grouped with the same age, most of whom entered school or university in the same academic year.
Sentences of Year
About half of Americans know that it takes a year for the earth to orbit the sun.
Your salary will be charged at the same rate for one calendar year each year.
Most of the girls in my year drop out of school at the end of the semester
Synonyms of Year
length of life, duration, class, number of years, study group, stream, form, lifetime, set, band, school group
Meanings of Experience:
Encounter or inconvenience (event or incident)
Practical communication and observation of facts or events.
Sentences of Experience
The company is in trouble
He learned his lesson from painful experiences
Synonyms of Experience
face, undergo, have experience of, involvement in, encounter, participation in, be faced with, confront, meet, come across, run into, be forced to contend with, come up against, come into contact with