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7 Cards in this Set
- Front
- Back
UW Gains or Losses |
Earn Premiums - Losses + Expenses
Measures: UW Performance |
|
Loss Ratio |
Incurred Losses / Earned Premiums |
|
Expense Ratio |
UW Expenses / Written Premiums |
|
Combined Ratio (Trade Basis) |
Loss Ratio + Expense Ratio |
|
Investment Income Ratio |
Net Investment Income / Earned Premiums |
|
Overall Operating Ratio |
Combined Ratio - Investment Income Ratio |
|
Return on Equity Ratio (aka Policyholder Surplus) |
(GAAP Basis) = Net Income / Average Owners' Equity (SAP Basis) = Net Income / Average Policyholders Surplus |