Underwriting & Commissions (SF.IS.UnderwritingAndCommissions)
Underwriting & Commissions (SF.IS.UnderwritingAndCommissions) refers to the commissions received for underwriting insurance policies from policyholders or other insurance companies. Under the process, a guaranteed cash payment is made in the event of a loss or casualty. Commissions are service charges assessed by an agent in return for arranging the purchase…