We believe a better measure, however, to be a comparison of underwriting loss to float developed.

但我们我们相信，一个更好的衡量标准是承保损失与浮存的比。

youdao

Over time, most insurers experience a substantial underwriting loss, which makes their economics far different from ours.

在过去，大多数保险商经历过巨额的承保损失，这一点将我们的保险业务和他们区分开来。

youdao

So far, Berkshire Hathaway's underwriting standards, and estimates of potential loss, have been strong.

到目前为止，伯克希尔·哈撒韦在承保标准和潜在损失估算方面都做得很好。

youdao

Including this year, it has had an underwriting loss in four of the last five years.

FORBES: Faux Buffett

An underwriting loss means that insurance policies yield less in premiums than they are projected to cost in eventual claims and other costs.

FORBES: Faux Buffett

Many insurance companies even operate at or near an underwriting loss and expect to make up profits on its investment portfolio by reinvesting the float.

FORBES: Fed's Twisting Is No Fun For Insurance Companies Like MetLife, AIG, Hartford