- underwriting income
- For an insurance company, the difference between the premiums earned and the costs of settling claims. Bloomberg Financial Dictionary
Financial and business terms. 2012.
underwriting income
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Underwriting Income — Profit generated by an insurer s underwriting activity over a period of time. Underwriting income is the difference between premiums collected on insurance policies by the insurer, and expenses incurred and claims paid out. Huge claims and… … Investment dictionary
Underwriting income — For an insurance company, the difference between the premiums earned and the costs of settling claims. The New York Times Financial Glossary … Financial and business terms
Underwriting — refers to the process that a large financial service provider (bank, insurer, investment house) uses to assess the eligibility of a customer to receive their products (equity capital, insurance, mortgage or credit). The name derives from the… … Wikipedia
Underwriting profit — is a term used in the insurance industry. It consists of the earned premium remaining after losses have been paid and administrative expenses have been deducted. It does not include any investment income earned on held premiums.It has also been… … Wikipedia
underwriting spread — The income that is generated by the underwriting syndicate and the selling group, which is essentially the difference between the amount paid to the issuer of securities in a primary distribution and the public offering price. Bloomberg Financial … Financial and business terms
Mortgage underwriting in the United States — is the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable. Most of the risks and terms that underwriters consider fall under the three C’s of underwriting:… … Wikipedia
Medical underwriting — is an insurance term referring to the use of medical or health status information in the evaluation of an applicant for coverage (typically for life or health insurance). As part of the underwriting process, health information may be used in… … Wikipedia
Automated Underwriting — A computer generated loan underwriting decision. Using completed loan application information, an automated underwriting systems retrieves relevant data, such as a borrower’s credit history, and arrives at a logic based loan decision. Some… … Investment dictionary
Mortgage underwriting — is the process a lender uses to determine if the risk (especially the risk that the borrower will default[1] ) of offering a mortgage loan to a particular borrower is acceptable. Most of the risks and terms that underwriters consider fall under… … Wikipedia
Adjusted Underwriting Profit — The profit that an insurance company generates after paying out claims and expenses. Insurance companies earn revenue by underwriting new business (selling new insurance policies) and earning income on their financial investments. Subtracted from … Investment dictionary
