Underwriting wearoff definition

Underwriting wearoff means, for the purposes of this regulation, the gradual increase from initial low expected claims that result from underwriting selection to higher expected claims for later (ultimate) durations. Underwriting wearoff does not apply to guaranteed issue products.
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Examples of Underwriting wearoff in a sentence

  • Underwriting wearoff means the gradual increase from initial low expected claims which result from underwriting selection to higher expected claims for later (ultimate) durations.

  • Underwriting wearoff does not apply to guaranteed issue products.

  • Underwriting wearoff does not apply to guaranteed issue products.AL.

  • Insurance Ttrend: is the combined effect of underwriting wearoff, deductible leveraging, antiselection resulting from rate increases, and discontinuance of new sales.(A) Medical trend must be determined or assumed before insurance trend can be determined.(B) Underwriting wearoff means the gradual increase from initial low expected claims which result from underwriting selection to higher expected claims for later (ultimate) durations.19.

  • We will focus here on reasoning in the cognitive, behavioral, and social sciences.3 Specifically, the focus will be on generalizations that occur when scientists collect data from their study samples and extrapolate from them to broader populations of individuals or across contexts.

Related to Underwriting wearoff

  • Underwriting Agreement means the Underwriting Agreement, dated ______ __, 19__, among the Trust, the Depositor and the underwriters named therein.

  • Underwriting Fee has the meaning given to it in the eighth paragraph of this Agreement;

  • Underwritten Shelf Take-Down has the meaning set forth in Section 2.4(b).

  • 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.

  • Underwritten Shelf Take-Down Notice has the meaning set forth in Section 2.02(e).

  • Underwritten Shelf Takedown shall have the meaning given in subsection 2.3.3.

  • Underwriting Guidelines The underwriting guidelines of the Seller, a copy of which is attached as an exhibit to the related Assignment and Conveyance.

  • Underwritten Public Offering means an underwritten Public Offering, including any bought deal or block sale to a financial institution conducted as an underwritten Public Offering.

  • Marketed Underwritten Shelf Take-Down has the meaning set forth in Section 2.02(e).

  • Terms Agreement shall have the meaning ascribed to such term in Section 2(a).

  • 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.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Managing Underwriters means the investment banker or investment bankers and manager or managers that shall administer an underwritten offering under a Shelf Registration Statement.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.