Earned Reinsurance Premium

Earned Reinsurance Premium,

What is The Definition of Earned Reinsurance Premium?

  • Earned Reinsurance Premium means: The amount of premium allocated for the part of the insurance period passed on time. Insurance premiums are usually paid at the beginning of the basic policy. Insurance acknowledges that premiums will be collected from time to time during the basic policy period.

Literal Meanings of Earned Reinsurance Premium

Earned:

Meanings of Earned:
  1. Receive (money) for work or services.

Sentences of Earned
  1. I earn £ 10 an hour at the store.

Synonyms of Earned

gross, take home earnings of, take home, be paid, receive a salary of

Reinsurance:

Meanings of Reinsurance:
  1. A contract in which the insurer transfers all or part of the risk to the other insured to cover the first or the insurance risk.

Sentences of Reinsurance
  1. The event will make it difficult for you to obtain international insurance for your customers

Premium:

Meanings of Premium:
  1. Amount payable for insurance policy.

Sentences of Premium
  1. If the calculations are correct, the income of a pensionable worker includes the premium in addition to his salary which he has to pay to the insurance company to get equal rights.

Synonyms of Premium

surcharge, recompense, extra amount, reward, insurance payment, prize, bonus, perk, additional fee, instalment, regular payment, extra, extra charge, additional payment, insurance charge, percentage, remuneration

Earned Reinsurance Premium,

Earned Reinsurance Premium: What is the Meaning of Earned Reinsurance Premium?

  • A simple definition of Earned Reinsurance Premium is: The premium amount set for this part of the policy that expires at a specified time. Reinsurance premiums are usually paid at the beginning of the basic policy. Reinsurance acknowledges that premiums accrue from time to time as per the basic policy.

Literal Meanings of Earned Reinsurance Premium

Earned:

Sentences of Earned
  1. I earn 10 hours an hour working in a shop.

Synonyms of Earned

get, obtain, pocket, rake in, draw, bring in, pull in, net, haul in, make, bank, clear, collect, bag

Reinsurance:

Sentences of Reinsurance
  1. The company has three types of reinsurance agreements:

Premium:

Meanings of Premium:
  1. Price added to price or normal price.

  2. The price added to the interest or bonus.

  3. Reference or name of commercial goods or high quality products and hence high price.

  4. The amount by which the value of a stock or other security exceeds its current value, face value or the value of the asset it represents.

  5. Anything given as a gift, reward or incentive.

  6. More than normal or nominal price.

  7. See or treat it as something very valuable or important.

Sentences of Premium
  1. Out-of-group insurance is expensive - premiums and deductions are higher and the overall plan benefit is less favorable than the group plan.

  2. In some parts of the country, the insurance premium has more than doubled.

  3. In France and Germany, insurance funds are financed by taxes rather than insurance premiums and are strictly regulated by their governments.

  4. Be careful about your reputation as if you are driving responsibly as this can save you a lot of money in insurance premiums.

  5. Most insurers reduce the premium for students with good grades.

  6. I must have laughed earlier this month when a crazy colleague asked me if home insurance premiums have skyrocketed in the last year.

  7. Low prices were called insurance premiums, and an entire industry was born.

Synonyms of Premium

profit, fine, high-end, presentation, finest, exclusive, contribution, return, bestowal, luxurious, high-quality, high-grade, deluxe, five-star, choice, elite, top-quality, donation, prime, top, payback, premier, surplus, gain, premium, portion

Earned Reinsurance Premium,

How Do You Define Earned Reinsurance Premium?

  1. The amount of premium specified for this part of the policy which has expired at a specified time. Reinsurance premiums are usually paid at the beginning of the basic policy. Reinsurance acknowledges that premiums will continue to accrue from time to time in accordance with the basic policy.

Literal Meanings of Earned Reinsurance Premium

Earned:

Sentences of Earned
  1. I earn £ 10 an hour working in a shop.

Reinsurance:

Meanings of Reinsurance:
  1. An agreement in which an insurer transfers all or part of the risk to another insurer to protect himself from the risk of the first insurance.

Premium:

Meanings of Premium:
  1. Value or value added to the general price.

  2. The value added to the interest or bonus pay.

  3. Reference or name The high quality of a merchandise or product and hence the high price.

  4. The amount by which the value of a stock or other security exceeds its issued value, face value or the value of the asset it represents.

  5. Above normal or nominal price.

Sentences of Premium
  1. Be careful about your creditworthiness because if you drive responsibly, it can save you a lot of money in insurance premiums.

  2. Most insurers reduce premiums for students with good grades.

  3. I must have laughed earlier this month when a crazy fellow asked me if home insurance premiums had skyrocketed last year.

  4. You and your brother are responsible for paying the general insurance premium and the principal of the mortgage.

  5. Based on the planned insurance premium, the group faces a capital loss of £ 700 million.

  6. This week, it was reported that health insurance premiums have increased by 14% this year, the largest increase since 1990.

  7. Parents often exclude their children from car insurance to reduce insurance premiums.

  8. The tourism industry has been hit by declining reserves and skyrocketing insurance premiums, which has increased the cost of doing business for most industries.

Synonyms of Premium

top-end, select, first-rate, classy, offering, handout