* * *
Lower claims resulted in a reduction in their underwriting loss.
Financial and business terms. 2012.
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
loss — The opposite of gain. Bloomberg Financial Dictionary * * * loss loss [lɒs ǁ lɒːs] noun 1. [countable, uncountable] the fact of no longer having something that you used to have, or having less of it: • loss of earnings through illness ˈjob loss… … 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 Fees — are monies collected by underwriters for performing underwriting services. Underwriters work in a variety of markets including investments, mortgages and insurance. In each situation, the underwriter s jobs vary slightly yet each collects… … Investment dictionary
Loss mitigation — [http://www.hud.gov/offices/hsg/sfh/nsc/lmmltrs.cfm [Loss Mitigation Policy Guidance] ] is used to describe a third party helping a homeowner, a division within a bank that mitigates the loss of the bank, or a firm that handles the process of… … Wikipedia
Loss control consultant — (also loss control representative) is a person possessing a demonstrated knowledge and / or education in the arts and science of Safety Engineering and Risk Management. A typical Loss Control Consultant will possess a college degree in… … Wikipedia
Loss control representative — (also loss control consultant) is a person possessing a demonstrated knowledge and / or education in the arts and science of Safety Engineering and Risk Management. A typical Loss Control Representative will possess a college degree in… … Wikipedia
Underwriting Risk — The risk of loss borne by an underwriter. Underwriting risk generally refers to the risk of loss on underwriting activity in the insurance or securities industries. In insurance, underwriting risk may either arise from an inaccurate assessment of … Investment dictionary
Underwriting syndicate — A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: lead underwriter. The New York Times Financial Glossary * * * underwriting syndicate… … Financial and business terms
underwriting syndicate — A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: lead underwriter. Bloomberg Financial Dictionary * * * underwriting syndicate… … Financial and business terms
