Premium income: related pages
Premium earned The amount of premiums earned by the risk covered by an insurance company during a financial period.
Premium written Premium written before deduction of re-insurance expenses; a measure of sales.
Reinsurance retention ratio net premium written ÷ gross premium written.
PVNBP value of single premiums + discounted value of regular premium streams.
Annual premium equivalent A measure that allows the calculation of new business numbers for an insurer that combines single premium and regular premium business.
Embedded Value This is an estimate of the economic worth of a life insurance business. In essence, it is the present value of distributable earnings which is made up of two components.
Copyright Graeme Pietersz © 2005-2019
