Underwriting Income definition

Underwriting Income means the cumulative sum of the insurance underwriting margins of the life, health and annuity segments, plus other income, less insurance administrative expenses (excluding the investment segment, parent company expense and income taxes) for each fiscal year during the Performance Period.
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Underwriting Income and “Net Earned Premium” shall be based on the amounts reported in the Company’s Annual Reports on Form 10-K for each respective year during the Performance Period.
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Underwriting Income means the premiums earned on insurance contracts during the taxable year less losses incurred and expenses incurred. See 26 U.S.C. § 832(b)(3).
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Examples of Underwriting Income in a sentence

  • Underwriting income from insurance and reinsurance activities...................................................................5.

  • Line Item 5(d)(4) Underwriting income from insurance and reinsurance activities.Report the amount of premiums earned by holding company subsidiaries engaged in insurance underwriting or reinsurance activities.

  • Underwriting income from insurance and reinsurance activities...................................................................Memoranda1.

  • Underwriting income from insurance and reinsurance activities.............................5.

  • Underwriting income from insurance and reinsurance activities...................................................................Dollar amounts in thousands 5.d.3. 5.d.4. 5.d.5. 5.e. 5.f. 5.g. 5.h.

  • Line Item 5(d)(4) Underwriting income from insurance and reinsurance activities.Report the amount of premiums earned by bank holding company subsidiaries engaged in insurance underwriting or reinsurance activities.

  • Underwriting income is calculated as premiums earned, less claims and claims expense (“losses”), amortization of DAC, operating costs and expenses and restructuring and related charges as determined using GAAP.

  • Underwriting income (loss) is a non-U.S. GAAP financial measure and is calculated as net premiums earned, less loss and loss adjustment expenses, acquisition expenses and general and administrative expenses.

  • Equity method investees include unconsolidated subsidiaries; associated companies; and corporate joint ventures, unincorporated joint ventures, general partner- ships, and limited partnerships over which the bank holding company exercises significant influence.Line Item 5(d)(4) Underwriting income from insurance and reinsurance activities.Report the amount of premiums earned by bank holding company subsidiaries engaged in insurance underwriting or reinsurance activities.

  • Underwriting income excludes impact of change in claims discount rates, and non-recurring items.


More Definitions of Underwriting Income

Underwriting Income means the remainder obtained by subtracting the sum of
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Underwriting Income is defined as the total premiums subtracting the total claims.
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Underwriting Income means the cumulative sum of the insurance underwriting margins of the life, health and annuity segments, plus other income, less insurance administrative expenses (excluding the investment segment, parent company expense and income taxes) for each fiscal year during the Performance Period (rounded to the nearest one hundred thousand dollar amount). Insurance underwriting margins shall exclude for this purpose all life claims incurred as a result of COVID-19.
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Underwriting Income means the remainder obtained by subtracting the sum of all losses developed to an ultimate basis, all loss adjustment expenses developed to an ultimate basis, and
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Related to Underwriting Income

  • Consolidated Depreciation and Amortization Expense means, with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees or costs, capitalized expenditures, customer acquisition costs and incentive payments, conversion costs and contract acquisition costs, the amortization of original issue discount resulting from the issuance of Indebtedness at less than par and amortization of favorable or unfavorable lease assets or liabilities, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

  • Consolidated Operating Income means, for any period, the operating income or loss of the Borrower and the Subsidiaries for such period determined on a consolidated basis in accordance with GAAP.

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.