Question

how can a company stay ahead in insurance sector​

Answer 1

For insurance companies, underwriting revenues come from the cash collected on insurance policy premiums, minus money paid out on claims and for operating the business. For instance, let's say ABC Insurance Corporation earned $5 million from the premiums paid out by customers for their policies in a year's time.

Although the insurance industry is highly regulated, insurance companies do fail for a variety of reasons. For example, they might underprice their products and have higher-than-expected insurance claims, as long-term care insurer Penn Treaty did.