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AINS21: Chapter 3-Financial Performance

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Across
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_____ _____ _____ is the net investment income divided by earned premiums for a given period.
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_____ _____ is an estimate of the amount of money the insurer expects to pay in the future for losses that have occurred, been reported but are not yet settled
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_____ ______ are losses that have occurred during a specific period of time no matter when the claims resulting from the losses are paid
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_____ ______ measures losses and loss adjustment expenses against earned premiums and reflects the percentage of premium being used by losses
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_____ _____ is the insurer's incurred underwriting expenses for a given period divided by its written premium for the same period
Down
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_____ _____ is an insurer's total admitted assets minus its total liabilities under statutory accounting principals
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Financial obligations or debts owned by a company to another entity
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_____ ______ are losses that have been paid to or on behalf of insureds
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_____ _____ is the profitability ratio that indicates whether an insurer made an underwriting loss or gain.
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Portion of an organization's profits that is paid to shareholders
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Type of property, tangible and intangible, owned by an entity