Amounts designated by insurers to pay claims for losses that have already occurred but are not yet settled
Net investment gain or loss
An isnurer's gains or losses from the sale of invested assets plus net investment income.
Net underwriting gain or loss
An insurer's earned premiums minus its losses and underwriting expenses for a specific period
Types of property, such as cash and stocks, that regulators allow insurers to show as assets on their financial statements.
Types of property, such as office furniture and equipment, that regulators do not allow insurers to show as assets on financial statements because these assets cannot readily be converted to cash at or near their market value
Finanical obligations, or debts, owed by a company to another entity, usually the policyholder the case of an insurer.
The amount estimated and set aside by insurers to pay claims for losses that have already occurred but are not yet settled.
Unearned premium reserve
The total of an insurer's unearned premiums on all policies at a particular time