Underwriting Gain (loss)
Definition of "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.
Popular Insurance Terms
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Act of stealing. Coverage can be purchased under most property insurance policies such as the homeowners insurance policy. ...
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