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uberrimae fidae
ultimate loss
ultimate net loss
umbrella liability policy
unaffiliated business
unallocated benefit
unallocated loss adjustment expenses (ULAE)
unauthorized insurer
unbundling
unconditional settlement clause
underground property damage
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underwriting
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undue hardship
unearned premium (UEP)
unearned premium reserve
unearned reinsurance premium
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Unified Carrier Registration Agreement (UCRA)
Uniformed Services Employment and Reemployment Rights Act (USERRA) of 1994
uniform resource locator (URL)
Uniform Task Based Management System (UTBMS)
unilateral contract
unilateral extended reporting period provision
unimpaired surplus
uninsured motorist (UM) coverage
unit statistical card
universal life insurance
unplanned retention
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unrelated business income tax (UBIT)
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unusual expenses
upset coverage
URL
use and occupancy insurance
U.S. Longshore and Harbor Workers Compensation Act
utility service interruption coverage
utilization review
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underlying interest

The assets, liabilities, other interests, or a combination thereof, underlying a derivative instrument, such as any one or more securities, currencies, rates, indices, commodities, or derivative instruments.
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