Adjusted Underwriting Profit

Definition of "Adjusted underwriting profit"

Nicola   Wakelin real estate agent

Written by

Nicola Wakelinelite badge icon

John R. Wood Christie’s International Real Estate

Same as term Underwriting Gain Loss): profit ( deficit) that remains after paying claims and expenses. Insurers generate profits from underwriting and from investment income. Their chief business is insuring against risks for a profit, and one measure of success is whether there is money left after paying claims and expenses. This amount, if any, is their underwriting gain.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Independent, nonprofit, membership hospital plan. Benefits provided include coverage for hospitalization expenses subject to certain restrictions: for example, semiprivate room only. A ...

Coverage for a common carrier (the insured) for damage or destruction due to radioactive contamination from commercial radioisotopes of a property in the custody of the insured or that of a ...

State law by which insurance companies are permitted to establish deferred tax assets and liabilities subject to maximum limitations. ...

Coverage on an all risks basis for goods in transit, bailment, and while on the premises of others. ...

Fee paid to an insurance salesperson as a percentage of the premium generated by a sold insurance policy. ...

Subsidence is a term used in geology, engineering and surveying to denote the motion of a surface (usually, the earth\'s surface) downwards relative to a datum such as sea-level. In ...

Historical record of dividends paid. ...

Specific values of securities computed annually by the national association of insurance commissioners (NAIC) as guidelines and procedures for insurance companies in listing of their ...

Maximum amount that an insurance company will pay under a liability insurance policy for claims resulting from a particular accident. This maximum amount applies regardless of the amount of ...

Popular Insurance Questions