Underwriting loss definition

Underwriting loss means the amount by which the Company’s share of retained ultimate net losses exceeds its share of retained net book premium.
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Underwriting loss has the meaning set forth in Article II(B)(1) hereof.
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Underwriting loss has the meaning given in clause 10.9(d);
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Examples of Underwriting loss in a sentence

  • The estimated Federal MLR components, adjustments, and formula are as follows:80.3% Underwriting loss ratio 0.9% QI/HIT Medical costs added4.1% Taxes, regulatory fees and assessments MLR formula: [ (UW LR) x (1 + QIT) ] / (1 – taxes)29) Risk Adjustment.

  • The estimated Federal MLR components, adjustments, and formula are as follows:78.5% Underwriting loss ratio 1.3% QI/HIT Medical costs added-0.7% GAAP Medical reclass to MLR SG&A 5.9% Taxes, regulatory fees and assessmentsMLR formula: [ (UW LR) x (1 + QIT) x (1+ medical reclass) ] / (1 – taxes) 29) Risk Adjustment.

  • Underwriting resultThe combination of the factors discussed above contributed to the Underwriting loss of €15m in 2020 (2019:€11m profit).

  • Underwriting loss for the period totalled $67.95 million compared to a loss of $43.05 million in 2016.

  • Each President has authority on a local level to award compensatory time to exempt full-time employees when that employee physically works over 45 hours in one week, if the President chooses to do so.

  • Underwriting loss increased by $1.7 million, offset by an increase of $3.6 million in investment income.

  • If the combined ratio is greater than 100, then there is an Underwriting loss.

  • The estimated Federal MLR components, adjustments, and formula are as follows:81.1% Underwriting loss ratio 0.6% QI/HIT Medical costs added4.0% Taxes, regulatory fees and assessments MLR formula: [ (UW LR) x (1 + QIT) ] / (1 – taxes)29) Risk Adjustment.

  • The estimated Federal MLR components, adjustments, and formula are as follows:79.5% Underwriting loss ratio 0.8% QI/HIT Medical costs added7.1% Taxes, regulatory fees and assessments MLR formula: [ (UW LR) x (1 + QIT) ] / (1 – taxes)29) Risk Adjustment.

  • Underwriting loss The underwriting loss of our PRC operations widened from HK$87 million to HK$311 million.


More Definitions of Underwriting loss

Underwriting loss means the ratio of (A) gross loss from insurance operations, including all fees, before taxes, but excluding all investment income, to (B) earned premium, as calculated by the Company's Chief Financial Officer based on the Company's internally prepared financial statements for the applicable fiscal year. Underwriting Loss will be derived from the Company's internally prepared financial statements in accordance with the Company's past practices (which will be prepared in accordance with GAAP), and be certified in writing by the Company's Chief Financial Officer.
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Related to Underwriting loss

  • Underwriting Agreement means the underwriting agreement, dated as of _________, 2024, among the Company and Xxxxx-Xxxxxx Capital Group LLC as representative of the underwriters named therein, as amended, modified or supplemented from time to time in accordance with its terms.

  • Underwriting (the "Directed Share Program"). The Shares to be sold by Xxxxxx Xxxxxxx pursuant to the Directed Share Program (the "Directed Shares") will be sold by Xxxxxx Xxxxxxx pursuant to this Agreement at the public offering price. Any Directed Shares not orally confirmed for purchase by any Participants by the end of the first business day after the date on which this Agreement is executed will be offered to the public by Xxxxxx Xxxxxxx as set forth in the Prospectus.

  • Underwriters means the underwriters named in Schedule A to the Underwriting Agreement.

  • Underwriter means a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part of such dealer’s market-making activities.

  • Participating Underwriter means any of the original underwriters of the Bonds required to comply with the Rule in connection with offering of the Bonds.