underwriting


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underwriting

Health insurance The process of determining a person's insurability in terms of life, liability, home, and other insurance policies and whether it will accept an application for insurance. See Field underwriting, Medical malpractice underwriting.
McGraw-Hill Concise Dictionary of Modern Medicine. © 2002 by The McGraw-Hill Companies, Inc.
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In a soft market (P/C) or a market in which the public has turned distrustful (variable Life products), maintaining underwriting discipline is difficult.
By the book: managing underwriting and book development risk in a soft market requires discipline and attention to best practices
"Wachovia sees Delegated Underwriting as an extremely valuable tool for our affordable-housing activities," said Cunningham.
Wachovia receives Freddie Mac Delegated Underwriting status
* Chapter 4 looks at the need for a commercial lines plan to govern the underwriting process.
Introduction
Note that the red and green line that indicates underwriting combined ratio (green for profit and red for loss) generally lags or follows the average prime rate graphed in blue.
The prime interest rate and insurance pricing changes
So, how does Cytora's AI-powered platform work for underwriting?
By Taming Big Data with AI, Cytora Aims to Transform Commercial Underwriting
"Despite a poor overall performance and weaker industry profits, a number of companies continue to produce significant underwriting profits in this line," Auden added.
Fitch: U.S. Commercial Auto Insurance A Chronic Underperformer
13 March 2015 - UK-based insurance investor Helios Underwriting Plc (LON: HUW) has closed its acquisition of Updown Underwriting Ltd., the company said on Friday.
Helios Underwriting Closes Updown Underwriting Acquisition
FirstBest UMS Express provides carriers with an underwriting management system that enables them to drive premium growth and improve underwriting profitability, rapidly enter new markets, deliver new products, and achieve high service levels with agents and brokers.
FirstBest Underwriting Solution for Workers' Comp Insurers
Liberty Mutual has appointed Jon Tellekamp as chief underwriting officer for National Insurance - Excess Casualty, and Doug Manwaring as chief underwriting officer of National Insurance - Public Entities and Programs.
Liberty Mutual Names Chief Underwriting Officers for Excess Casualty and Public Entities
President and Chief Executive Officer of Third Point Re, Robert Bredahl said, "We are very excited to have David and Steven join the Company as they bring proven track records and significant underwriting experience to the team.
David Drury and Steven Wilson appointed by Third Point Reinsurance

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