Meaning UNDERWRITING INCOME: For an insurance company, the difference between the premiums earned and the costs of settling claims
More terms such as Underwriting income in Dictionary U.
- Definition Uninsured Motorist Insurance:
- Examples Insurance that covers the policyholder and family if they are injured by a hit-and-run or uninsured motorist, assuming the other driver is at fault underwriting income definition.
- Definition Unqualified Opinion:
- Examples An independent auditor's opinion that a company's financial statements comply with accepted accounting procedures. Antithesis of qualified opinion underwriting income explain.
- Definition Uncollectible Account:
- Examples An account which cannot be collected by a company because the customer is not able to pay or is unwilling to pay underwriting income what is.
- Definition Unpaid Dividend:
- Examples A dividend declared by the directors of a corporation that has not yet been paid underwriting income meaning.
- Definition Unlisted Security:
- Examples A security traded in the over-the-counter market that is not listed on an organized exchange underwriting income abbreviation.