ADJUSTED UNDERWRITING PROFIT
The profit generated by an insurance after paying out expenses and claims. Insurance companies earn their income through their financial investments and revenues by underwriting new business ( selling new insurance policies). The any claims made by insurance policy holders and expenses associated associated to run the business are already deducted from this revenue. The adjusted underwriting profit is the remainder. This term is solely dedicated to the insurance industry.
Also referred as Underwriting Gain.
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Net Sales
It refers to the gross revenues minus returns and discounts of a company. It is the amount presented in an income statement under sales revenue.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | May | |
| 10:00 | Ifo Business Climate Index | Jul | |
| 10:00 | Ifo Current Assessment | Jul | |
| 10:00 | IFO - Expectations | Jul | |
| 10:00 | Private Sector Credit | Jun | |
| 10:00 | M3 Money Supply | Jun | |
| 12:00 | CBI retail sales volume balance | Jul | |
| 14:30 | Durable Goods Orders | Jun | |
| 01:01 | BRC Shop Price Index | Jul |
