underwriting year

简明释义

保险业务年度

英英释义

例句

1.We need to analyze the claims data from the last underwriting year 承保年度 to make better predictions.

我们需要分析上一个承保年度 underwriting year的索赔数据，以便做出更好的预测。

2.The underwriting year 承保年度 is crucial for setting future premium rates.

对于设定未来保费率来说，承保年度 underwriting year至关重要。

3.During the underwriting year 承保年度, the actuaries evaluated the risk factors more thoroughly.

在承保年度 underwriting year期间，精算师对风险因素进行了更全面的评估。

4.The profitability of the underwriting year 承保年度 can be affected by natural disasters.

自然灾害可能会影响承保年度 underwriting year的盈利能力。

5.The insurance company reported a loss for the underwriting year 承保年度 2022 due to increased claims.

保险公司报告了2022年的承保年度 underwriting year 亏损，原因是索赔增加。

作文

The term underwriting year refers to a specific period during which an insurance company assesses and accepts risks for policies. This concept is crucial in the insurance industry as it helps insurers evaluate their financial performance over a defined timeframe. Understanding the underwriting year is essential for both insurers and policyholders alike, as it affects premium calculations, claims processing, and overall risk management strategies.To elaborate, the underwriting year typically starts from the date when the insurance policies are issued and concludes one year later. During this period, the insurer monitors all claims made against the policies that were written in that year. This allows the company to analyze the loss ratio, which is the ratio of losses paid out in claims compared to the premiums collected. A favorable loss ratio indicates that the insurer is effectively managing its risks, while an unfavorable ratio may signal the need for adjustments in underwriting practices or premium pricing.For instance, if an insurance company has an underwriting year where they experience a higher number of claims than anticipated, it may lead to increased premiums in subsequent years. This adjustment is necessary to ensure the company remains solvent and can continue to cover future claims. On the other hand, if the underwriting year yields lower than expected claims, the insurer might offer discounts or lower premiums in the following years to attract more customers.Moreover, the underwriting year plays a significant role in regulatory compliance. Insurance companies are often required to report their financial results annually, including performance metrics related to each underwriting year. This reporting helps regulators monitor the health of the insurance market and ensures that companies maintain sufficient reserves to pay future claims.In addition to financial implications, the underwriting year also influences the strategic decisions of insurance companies. For example, if a particular underwriting year shows a trend of high claims in a specific sector, such as natural disaster coverage, insurers may decide to tighten underwriting criteria for policies in that area. This could involve increasing premiums, limiting coverage options, or even withdrawing from certain markets altogether.From a policyholder's perspective, understanding the underwriting year can help individuals make informed decisions about their insurance needs. Knowing how claims history is evaluated within a given underwriting year can guide consumers in selecting policies that align with their risk tolerance and financial goals. It also emphasizes the importance of maintaining accurate records of any claims made, as these can impact future premiums and coverage options.In conclusion, the concept of underwriting year is integral to the functioning of the insurance industry. It provides a framework for assessing risk, calculating premiums, and ensuring regulatory compliance. By grasping the significance of the underwriting year, both insurers and policyholders can navigate the complexities of insurance more effectively, leading to better outcomes for all parties involved.

术语承保年度指的是保险公司在特定时期内评估和接受风险的过程。这个概念在保险行业中至关重要，因为它帮助保险公司评估其在规定时间框架内的财务表现。理解承保年度对于保险公司和投保人来说都是必不可少的，因为它影响着保费计算、索赔处理和整体风险管理策略。进一步阐述，承保年度通常从保险单发放之日起开始，并在一年后结束。在此期间，保险公司会监控所有针对该年度所签发保单的索赔。这使公司能够分析损失比率，即索赔支付的损失与所收取的保费之间的比例。良好的损失比率表明保险公司有效地管理其风险，而不利的比率可能意味着需要调整承保实践或保费定价。例如，如果一家保险公司在某个承保年度经历了比预期更多的索赔，这可能导致随后的年份保费增加。这种调整是必要的，以确保公司保持偿付能力，并能继续覆盖未来的索赔。另一方面，如果承保年度的索赔低于预期，保险公司可能会在未来的年份提供折扣或降低保费，以吸引更多客户。此外，承保年度在合规监管中也发挥着重要作用。保险公司通常需要每年报告其财务结果，包括与每个承保年度相关的绩效指标。这种报告帮助监管机构监测保险市场的健康状况，并确保公司维持足够的准备金以支付未来的索赔。除了财务影响外，承保年度还影响保险公司的战略决策。例如，如果某个承保年度在特定领域（如自然灾害保障）显示出高索赔趋势，保险公司可能会决定收紧该领域保单的承保标准。这可能涉及提高保费、限制保障选项，甚至完全退出某些市场。从投保人的角度来看，理解承保年度可以帮助个人做出明智的保险需求决策。了解如何在给定的承保年度内评估索赔历史可以指导消费者选择与其风险承受能力和财务目标相一致的保单。这也强调了维护任何索赔的准确记录的重要性，因为这些记录会影响未来的保费和保障选项。总之，承保年度的概念对保险行业的运作至关重要。它为评估风险、计算保费和确保合规提供了框架。通过掌握承保年度的重要性，保险公司和投保人都可以更有效地应对保险的复杂性，从而为所有相关方带来更好的结果。