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AINS21: Chapter 3-Financial Performance

Across
_____ _____ _____ is the net investment income divided by earned premiums for a given period.
_____ _____ is an estimate of the amount of money the insurer expects to pay in the future for losses that have occurred, been reported but are not yet settled
_____ ______ are losses that have occurred during a specific period of time no matter when the claims resulting from the losses are paid
_____ ______ measures losses and loss adjustment expenses against earned premiums and reflects the percentage of premium being used by losses
_____ _____ is the insurer's incurred underwriting expenses for a given period divided by its written premium for the same period
Down
_____ _____ is an insurer's total admitted assets minus its total liabilities under statutory accounting principals
Financial obligations or debts owned by a company to another entity
_____ ______ are losses that have been paid to or on behalf of insureds
_____ _____ is the profitability ratio that indicates whether an insurer made an underwriting loss or gain.
Portion of an organization's profits that is paid to shareholders
Type of property, tangible and intangible, owned by an entity