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Definitions from the Web

underwriting expenses

Description

Underwriting expenses refer to the costs incurred by insurance companies or financial institutions during the process of evaluating and assuming risk for a particular insurance policy or investment. These expenses help cover the administrative, operational, and analytical activities involved in underwriting.

Examples

Noun - Plural form

1. The company had to increase its premiums to compensate for the high underwriting expenses.

2. Underwriting expenses account for a significant portion of the insurance company's overall operating costs.

Noun - Singular form

1. The underwriting expense was attributed to the extensive analysis performed to assess the client's risk.

2. The insurance policy's underwriting expense is itemized separately in the premium breakdown.

Adjective

1. The underwriting expense ratio is a key metric used to assess the efficiency of an insurance company's operations.

2. High underwriting expense ratios can indicate potential financial challenges for an insurer.

Possible Related Products (Amazon)

Underwriting Expenses books on Amazon