Unearned Premium Explained
Learn how and why ‘Unearned premium’ is a liability on an insurance company’s financial statements.
Unearned Premium Explained Read More »
Learn how and why ‘Unearned premium’ is a liability on an insurance company’s financial statements.
Unearned Premium Explained Read More »
In this article on ‘earned premium’ we’ll learn how how insurers record premiums to accurately reflect insurance operations and profitability.
Earned Premium Explained Read More »
Learn how your insurance policy handles defense costs.
Understanding Defense Outside the Limits vs. Within Limits Read More »
Learn insurance brokers’ primary sources of income and ethical considerations in the industry.
How do Insurance Brokers Make Money? Understanding Insurance Commissions Read More »
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 Lloyd’s of London? Read More »
Insurance underwriting is the process of evaluating a risk to determine if the insurance company will insure it and, if yes, then pricing it.
What is Insurance Underwriting? Read More »
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.
What is an Insurance Bond? Read More »
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.
Understanding Combined Ratio Read More »
It’s time to brush up your negotiation skills. This checklist will help you gather information and be proactive in your placing efforts. Be in control of your renewals and enter each discussion with an action plan!
A Checklist to Successful Negotiations in a Hard Market Read More »
The key difference between an occurrence and a claims-made policy is in the mechanism the policy uses for activating coverage; what needs to occur, and when, in order for …
Occurrence vs. Claims Made Policies Explained Read More »