Life insurance

Life insurance

Industry: Insurance

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Life insurance

mortality and expense risk fees

Insurance; Life insurance

A charge that covers such annuity contract guarantees as death benefits.

In life and health insurance, a policy covering a mortgagor with benefits intended to pay off the balance due on a mortgage upon the insured's death, or to meet the payments due on a mortgage in case ...

mutual insurance companies

Insurance; Life insurance

Companies with no capital stock, and owned by policyholders. The earnings of the company--over and above the payments of the losses, operating expenses and reserves--are the property of the ...

named perils

Insurance; Life insurance

Perils specifically covered on insured property.

net income

Insurance; Life insurance

The total after-tax earnings generated from operations and realized capital gains as reported in the company's NAIC annual statement on page 4, line 16.

net investment income

Insurance; Life insurance

This item represents investment income earned during the year less investment expenses and depreciation on real estate. Investment expenses are the expenses related to generating investment income ...

net leverage

Insurance; Life insurance

The sum of a company's net premium written to policyholder surplus and net liabilities to policyholder surplus. This ratio measures the combination of a company's net exposure to pricing errors in ...