Principles of Risk Management and Insurance, 13th Edition

U

• Uber.( See Ride sharing(

• Ultimate net loss, in commercial umbrella policy, 593

• Umbrella policy

  • commercial, 593–594

  • personal, 30, 519, 539–542, 540–542

• Uncertainty, and risk, 2–3

• Underemployment, financial effects of, 10

• Underinsured motorists coverage, 438

• Underwriting, 28, 109–112

  • application for, 110, 111

  • basic principles of, 109–110

  • capacity, reinsurance and, 115–116

  • cash flow, 76

  • computerized, 111

  • decision making in, 111

  • definition of, 109

  • field, 110

  • of group insurance, 330

  • information sources for, 110–111

  • rate adequacy and, 111–112

  • and reinsurance, 112

  • renewal, 112

  • statement of policy for, 109

  • steps in, 110

• Underwriting cycle, 58, 75–77

• Underwriting guide, 109

• Underwriting risk, 44–45

• Unearned premium reserve, 116–117, 131, 163

• Unemployment ...