What is an underwriting income?
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Works at the International Finance Corporation, Lives in Washington, D.C., USA.
Underwriting income is the difference between premiums collected on insurance policies by the insurer and expenses incurred and claims paid out. Huge claims and disproportionate expenses may result in an underwriting loss, rather than income, for the insurer.
2023-06-15 06:16:24
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Julian Turner
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Underwriting income is the difference between premiums collected on insurance policies by the insurer and expenses incurred and claims paid out. Huge claims and disproportionate expenses may result in an underwriting loss, rather than income, for the insurer.
