Insurance Essentials

premium pie chart

Earned Premium Explained

In this article on ‘earned premium’ we’ll learn how how insurers record premiums to accurately reflect insurance operations and profitability.

Lloyds Building

What is Lloyd’s of London?

Lloyd’s is an insurance and reinsurance marketplace known for its shared risk approach to doing insurance, its global reach, and its financial strength.

What is an underwriter

What is Insurance Underwriting?

Insurance underwriting is the process of evaluating a risk to determine if the insurance company will insure it and, if yes, then pricing it.

Bonds

What is an Insurance Bond?

An insurance bond is a bond that is designed to protect an individual or organization against financial loss if certain circumstances occur. There are different kinds of insurance bonds.

combined ratio illustration

Understanding Combined Ratio

The combined ratio is one of the most important ratios used in evaluating the profitability and financial health of an insurance company. It also provides a comprehensive insight into how well an insurer underwrites policies. 

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Insurance Essentials