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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12-month period from the date of issue of a policy as stated in its declarations section. ...
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Total of operating income plus realized capital gains (losses) from investment and underwriting operations minus federal income taxes. ...
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