Life insurance

Life insurance

Industry: Insurance

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Life insurance

change in policyholder surplus

Insurance; Life insurance

The percentage change in policyholder surplus from the prior year-end derived from operating earnings, investment gains, net contributed capital and other miscellaneous sources. This ratio measures a ...

chartered property and casualty underwriter (CPCU)

Insurance; Life insurance

Professional designation earned after the successful completion of 10 national examinations given by the American Institute for Property and Liability Underwriters. Covers such areas of expertise as ...

coinsurance

Insurance; Life insurance

In property insurance, requires the policyholder to carry insurance equal to a specified percentage of the value of property to receive full payment on a loss. For health insurance, it is a ...

collision insurance

Insurance; Life insurance

Covers physical damage to the insured's automobile (other than that covered under comprehensive insurance) resulting from contact with another inanimate object.

combined ratio after policyholder dividends

Insurance; Life insurance

The sum of the loss, expense and policyholder dividend ratios not reflecting investment income or income taxes. This ratio measures the company's overall underwriting profitability, and a combined ...

commercial lines

Insurance; Life insurance

Refers to insurance for businesses, professionals and commercial establishments.

commission

Insurance; Life insurance

Fee paid to an agent or insurance salesperson as a percentage of the policy premium. The percentage varies widely depending on coverage, the insurer and the marketing methods.