The process of evaluating (by an underwriter) the risk that an insurer would be exposed to in connection with a...

The risk (insurance risk) that is associated with claims that are likely to arise in the future on a policy...

It stands for unexpired risk reserve; an amount that an insurance company sets aside, on its the balance sheet, in...

An amount that an insurance company sets aside, on its the balance sheet, in addition to unearned premiums in connection...

An amount that an insurance company sets aside, on its the balance sheet, in addition to unearned premiums in connection...

It stands for unexpired risk provision; an amount that an insurance company sets aside, on its the balance sheet, in...

A situation that arises when the sum insured on an insurance policy — that is, the maximum coverage amount for...

A ratio that relates losses incurred by an insurance firm to earned premiums (EPs) expressed as a percentage. Underwriting loss...

In relation to underwriting in insurance, it is the successive up- and-down pattern that characterizes the property and casualty (P&C)...

In connection with underwriting in insurance, it is the process undertaken by an insurer whereby it properly evaluates the risk...