Definition Underwriting based on written premiums and ultimate losses from loss events falling within the same accounting period, where the accounting period is the period covered by the insurance policy or reinsurance agreement, regardless of when the premiums and losses were actually reported, booked, or define underwriting year Define underwriting. underwriting synonyms, underwriting pronunciation, underwriting translation, English dictionary definition of underwriting. The company was named the recipient of this year's EFusion Award for Underwriting and Pricing. Homesite Group Inc. receives Underwriting and Pricing Award. 6) Underwriting and dealing in,
Apr 14, 2008 Insurance Underwriter. By Investopedia Staff. Insurance underwriters are professionals who evaluate and analyze the risks of insuring people and assets and establish pricing for accepted insurable risks. Underwriters help price life insurance, health insurance, commercial liability insurance, homeowners insurance, et al. define underwriting year
Definition: Underwriting is one of the most important functions in the financial world wherein an individual or an institution undertakes the risk associated with a venture, an investment, or a loan in lieu of a premium. Underwriters are found in banking, insurance, and stock markets. Insurance underwriters work for insurance companies. An insurance underwriter's role is to choose who and what the insurance company will insure based on this risk assessment. Underwriting is the behind the scenes work in an insurance company. Reviews specific information to How can the answer be improved? define underwriting year Mar 14, 2003 ArlieProctor. I'm in pure speculation realm here in that treaty year is not a term that I've encountered before. I would (ignorantly) interpret treaty year to apply to a single treaty and underwriting year to encompass a collection of treaties having the same treaty year. But, I'll be interested to see if anyone else has a different definition. Definition of underwriting year underwriting year means the calendar year; and for the purposes of this section a syndicate is an open syndicate at any time after the end of its closing year if, at that time, the accounts of its business for the underwriting year for which it was formed have not been closed. Nov 25, 2003 What is 'Underwriting Underwriting is the process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing either equity or debt securities. The word underwriter originated from the practice of having each risktaker write his name under the total amount Bank underwriting. In banking, underwriting is the detailed credit analysis preceding the granting of a loan, based on credit information furnished by the borrower; such underwriting falls into several areas: Consumer loan underwriting includes the verification of such items as employment history, salary and financial statements;
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