net income: Income after dividends and taxes (including realized capital gains).
Read more to view related video clips to this insurance terminology.
Categories
Category: Glossary
net exposure to statutory capital ratio: The ratio of net exposure in force to statutory capital.
Read more to view related video clips to this insurance terminology.
net exposure to capital and surplus ratio: The ratio of net exposure in force to capital and surplus.
Read more to view related video clips to this insurance terminology.
net capital gains: Realized and unrealized capital gains on investments.
Read more to view related video clips to this insurance terminology.
Categories
Ncci – insurance term definition
NCCI: National Council on Compensation Insurance, located online at http://www.ncci.com.
Read more to view related video clips to this insurance terminology.
Categories
Naic – insurance term definition
NAIC: National Association of Insurance Commissioners, on the Web at http://www.naic.org. National organization of state officials charged with regulating insurance. It has no official power but wields significant influence. NAIC was formed to provide national uniformity in insurance regulations.
Read more to view related video clips to this insurance terminology.
mutual life insurance company: A life insurance company owned by policyholders who share in the company’s surplus earnings.
Read more to view related video clips to this insurance terminology.
mutual holding company: A corporation structure that allows the insurance companies within it to sell stock for up to a 49 percent stake of the company without passing proceeds onto policyholders.
Read more to view related video clips to this insurance terminology.
multiple employer trust (MET): A trust established by a sponsor that brings together a number of small, unrelated employers for the purpose of providing group medical coverage on an insured or self-funded basis.
Read more to view related video clips to this insurance terminology.
multiline insurer: An insurer that writes financial guaranty and property/casualty insurance.
Read more to view related video clips to this insurance terminology.