An insurer's underwriting performance is measured in its combined ratio. The destitution ratio (incurred losses and loss-adjustment expenses divided by net earned premium) is added to the expense ratio (underwriting expenses divided by net boon written) to determine the company's combined ratio. The combined ratio is a reflection of the company's overall underwriting profitability. A combined ratio of less than 100 percent indicates profitability, while Hole In One Insurance anything over 100 indicates a loss.

• A recent archetype of a late indemnity blend that is patented is telematic auto insurance

• It was independently invented and patented by a greater U.S
• auto backing company, Progressive Auto Safeguard (U.S
• Patent 5,797,134 ) and a Spanish independent inventor, Salvador Minguijon Perez (EP patent 0700009).