Meaning of “underwriting loss” in the English Dictionary

business-english dictionary

"underwriting loss" in Business English

See all translations

underwriting lossnoun [ C ]

uk us ACCOUNTING, INSURANCE

a loss made by an insurance company in a particular period or in relation to a particular activity because it had to pay more in claims than expected:

Lower claims resulted in a reduction in their underwriting loss.

(Definition of “underwriting loss” from the Cambridge Business English Dictionary © Cambridge University Press)