Underwriting income is the profit an insurance company makes from the policies it offers after factoring in the total amount brought in from premiums minus expenses and the cost of resolving claims. This figure provides an accurate measure of the effectiveness of the company's underwriting.... View the rest of the term
Stay informed with Insuranceopedia!
The world of insurance can be complicated. Subscribe to the Insuranceopedia newsletter and stay in the know! Access expert content, industry term definitions and answers to your questions from knowledgeable insurance insiders. Arm yourself with what you need to know to keep your assets and your family safe.