Book Of Business
Total amount of insurance on an insurer's books at a particular point in time.
"Book Of Business" In Context
"The BCAR is forecasted to trend upward for the next few years as the underwriting risk continues to decline, which is in line with CISL’s running down of its warranty book of business. For fiscal year 2012, CISL reported earnings after taxes of NZD 3.2 ..." This Insurance Word is available for Sponsorship Sponsor this Definition Today.