Life insurance

Life insurance

Industry: Insurance

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Life insurance

underwriter

Insurance; Life insurance

The individual trained in evaluating risks and determining rates and coverages for them. Also, an insurer.

underwriting

Insurance; Life insurance

The process of selecting risks for insurance and classifying them according to their degrees of insurability so that the appropriate rates may be assigned. The process also includes rejection of ...

underwriting expenses incurred

Insurance; Life insurance

Expenses, including net commissions, salaries and advertising costs, which are attributable to the production of net premiums written.

underwriting expense ratio

Insurance; Life insurance

This represents the percentage of a company's net premiums written that went toward underwriting expenses, such as commissions to agents and brokers, state and municipal taxes, salaries, employee ...

underwriting guide

Insurance; Life insurance

Details the underwriting practices of an insurance company and provides specific guidance as to how underwriters should analyze all of the various types of applicants they might encounter. Also ...