Sentences with phrase «underwriting profit»

For an insurance company to operate on a cost - free basis it has to produce underwriting profits for a sustained period.

Anything above 100 % refers to the fact that the insurer is not making underwriting profits in that segment.

If the company writes its policies and invests well over time, it will earn underwriting profits.

And, most important, he has produced underwriting profits.

It's very difficult for insurance companies to produce consistent underwriting profits.

«Our profitability will be better than last fiscal,» he said, adding that underwriting profit for the general insurance is at a sound position.

The New India Assurance Company has posted over 354 per cent rise in underwriting profit of Rs 109 crore on a total premium income of Rs 4,921.47 crore for the financial year 2003 - 04.

And the 22 % dip in insurance underwriting profits came entirely from Berkshire Hathaway Reinsurance, which often has sizable fluctuations in how its results are accounted for.

Underwriting profit recorded a significant increase to Rs 83 crore as against the loss of Rs 2 crore a year ago.

Good underwriting profit helped Bajaj Allianz General Insurance Company report a 37 % rise in net profit at Rs 562 crore in 2014 - 15, despite settling huge claims arising from the Jammu and Kashmir floods last year.

Berkshire insurance underwriting profit improved to $ 629 million from last year's $ 170 million because there were no major catastrophes this year.

After generating underwriting profits 14 years in a row, Berkshire is likely to post an underwriting loss in 2017.

Watsa says Fairfax's insurance companies continued to have excellent underwriting performance, with a first - quarter underwriting profit of $ 109.1 million compared to $ 107.2 million in the first quarter of 2017.

So any owner of BRK owned a leveraged stock fund, at 1.2 x. Underwriting profits and operating company profits (See's, Nebraska etc) were free on top of that.

Are underwriting profits down?

NIM of HDFC is 4 % whereas BH generally has produced just underwriting profits of more than 5 %, add the investment return to that figure.

I would expect low to mid teen ROE given the historical underwriting profits.

But if that 80 % of shareholders» equity returns 10 %, our cumulative new «normal» ROE = 4.4 % post-tax from fixed income + 8 % pre-tax from stocks + 0.8 % post-tax from underwriting profit = 13.2 % «normal» ROE.

Fitch also said that the P&C market was in its third consecutive year of considerable underwriting profits.

Encouraged and assisted new and existing accounts to establish effective loss prevention programs to ensure underwriting profit for the program.

A ratio below 100 percent indicates that the company is making underwriting profit, while a ratio above 100 percent means that it is paying out more money in claims that it is receiving from premiums.

«Our financial goals are to earn consistent underwriting profits and superior investment returns to build shareholder value» — Markel 2013 Annual Report

The lifting of controls on insurance premium for fire, engineering and motor risks with effect from January 2007 is likely to cause a dent in underwriting profits of general insurers.

They are incentivized to produce underwriting profits (as opposed to revenue).

A combined ratio under 100 % generally indicates an underwriting profit.

And the company I'm going to tell you about today has earned an underwriting profit every one of the last 10 years.

But, the key simplifying assumptions I wanted to make — assume an investment return of «X», assume an underwriting profit of «Y» — are difficult to make here.

«The $ 1.9 million premium over net worth that Berkshire paid brought us an insurance business that usually delivered an underwriting profit.

Insurance companies make money in those two main categories: underwriting profits and investment profits.

MKL has been achieved an underwriting profit in 14 of the last 20 years, and has an average combined ratio well under 100 % (under 100 % is profit) over the past 2 decades.

Earning an underwriting profit is tough.

Ajit's 2002 underwriting profit of $ 534 million came after his operation recognized a charge of $ 428 million attributable to «retroactive» insurance he has written over the years.

If you added up underwriting profits and losses from health insurance through the 1990s, the profitability was breakeven.

I appreciate insurance management teams that can focus on profitable niches, and are willing to let business go if they can't make an underwriting profit.

Clearly, float carrying an annual cost of this kind is not as desirable as float we generate from policies that are expected to produce an underwriting profit (of which we have plenty).

In general, the best managed, and most profitable personal lines writers give up sales growth in order to have an underwriting profit.

The company is set up to cover the risks of its owners, and any underwriting profit they make generally goes back to the owners / insureds.

I expect BRK to make an underwriting profit on this, but let's assume the worst, that BRK pays out the full $ 20 billion.

This had better make an underwriting profit, or a small loss, or maybe Buffett is ready for the market to fall apart, and thus the rate he can earn goes up.

But, the key simplifying assumptions I wanted to make — assume an investment return of «X», assume an underwriting profit of «Y» — are difficult to make here.

As noted in the first section of this report, we have now operated at an underwriting profit for ten consecutive years, our pre-tax gain for the period having totaled $ 18.6 billion.

On page 127, Greenberg talks about leaving markets where AIG could not earn an underwriting profit, but by the 1990s, AIG was so big that that flexibility was gone.

I appreciated his argument regarding goodwill at the insurance companies — if your underwriting profits over nine years exceed goodwill the goodwill is most secure.

But even if they have to put up capital to own the companies, BRK has a negative cost of capital inside its insurers, because they make underwriting profits.

BRK still has a underwriting profit over the past eleven years, and they continue to release reserves from prior year claims.

As noted in the first section of this report, we have now operated at an underwriting profit for eleven consecutive years, our pre-tax gain for the period having totaled $ 22 billion.

This is a function of investment leverage plus underwriting profits.

GEICO will have growth plus underwriting profits.

GEICO should be valued both on the basis of its float and its underwriting profit.

Sure, underwriting profits are down slightly as our cyclical practice of price - gouging doctors has been on hold for about a decade now while our stock market returns roll in.