Various factors are used by underwriters to determine the price of your insurance. Insurance rating factors include, for example, your age and occupation.
Financial and business terms. 2012.
rating — An evaluation of credit quality of a company s debt issue by Thomson Financial BankWatch, Moody s, S&P, and Fitch Investors Service. investors and analysts use ratings to assess the riskiness of an investment. Ratings can also be an evaluation a… … Financial and business terms
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance company rating — UK US noun [C, usually plural] INSURANCE, FINANCE ► a measurement of the financial strength of an insurance company: »Using our online tool it is easy to view the latest insurance company ratings … Financial and business terms
Insurance Services Office — Insurance Services Office, Inc. (ISO) is a provider of data, underwriting, risk management and legal/regulatory services to property casualty insurers and other clients. Headquartered in Jersey City, New Jersey, the organization serves clients… … Wikipedia
insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… … Universalium
Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… … Wikipedia
Insurance Score — A rating computed and used by insurance companies that represents the probability of a client filing an insurance claim during his or her coverage. The score is based on the client s credit rating and will impact the premiums he or she pays for… … Investment dictionary
Insurance in Australia — Australia has a sophisticated and well developed insurance market, which can be divided into roughly three components: life insurance, general insurance and health insurance. These markets are fairly distinct, with most larger insurers focusing… … Wikipedia
Insurance cycle — “The tendency to swing between profitable and unprofitable periods over time is commonly known as the underwriting or insurance cycle. (Wikipedia article on Insurance) What is the Insurance Cycle Lloyd s Franchise Performance Director Rolf Tolle… … Wikipedia
