Gross Net Written Premium Income,
Gross Net Written Premium Income: What is the Meaning of Gross Net Written Premium Income?
Gross Premium Income (GNWPI) is the dollar value of insurance premiums used to determine how much premium is owed to insurance companies. The basis for calculating the insurance premium rate is the total net payment of the recorded premium, taking into account the payments, compensation and premiums paid for the insurance.
- Total premium income (RNPPB) is the dollar amount of the insurance company which determines the amount owed to the insurance company.
- GNWPI Insurance is the basis for the application of premium rates, which take into account cancellation of payments, refunds and premiums for insurance cover.
- Insurers are generally entitled to a share of the insurance premium to cover some of the insurance company's risks.
- The amount due to the insurance company for determining the amount due may be based on the premium issued using GNWPI, or on the premium received, in the form of gross premium income (GNEPI).
- If the risk is increased by the insurance company over time, the invoice will be more than the invoice received from the invoice.
Literal Meanings of Gross Net Written Premium Income
Meanings of Gross:
The number 144 is equal to twelve dozen.
Gross profit or revenue.
(Especially bad deeds) is very clear and clearly unacceptable.
(Income, benefits or interest) without tax deductions or other aggregate contributions.
Too rude or too rude.
Normal or large scale is not accurate or detailed.
No holding tax or other fees
Make or earn as profit or gross income.
Sentences of Gross
Fifty-five cans of processed raw milk
Installed kick drum
Serious human rights violations
The total donation amount is $ 1000.
The work we tell our subordinates is extremely offensive and material.
At the overall physical level
If your bond is worth 000 50,000 or more, total interest will be paid.
The film grossed $ 8 million in the United States
Synonyms of Gross
obvious, crude, receive, ribald, unseemly, pornographic, overt, impure, earthy, bring in, get, collect, vulgar, make, comprehensive, complete, aggregate, fetch, evident, obscene
Meanings of Net:
Fish or land with nets (fish or other animals)
(In sports) kicking or kicking (ball or puck) net (goal)
Cover with net.
A piece of loose mesh made of wire, rope, rope, or the like is used to catch fish or other animals.
A network that forms a frame and forms the purpose of sports such as football and hockey.
Smooth fabric with smooth fabric.
A way to trap someone.
Earn or receive as net income (an amount of money).
Sentences of Net
Damage from fish fats
Wright scored 177 goals in six years
Fishermen are fixing their nets
Turn Wilson's wings into a net
The search has been postponed so that the killers can escape the net.
Synonyms of Net
openwork, after taxes, closing, obtain, pocket, tulle, gain, fishnet, pull in, make a profit of, realize, end, take-home, ultimate, netting, lacework, after deductions, lace, mesh, concluding, snare, lattice, earn, latticework, be paid, take home, accumulate
Meanings of Written:
Mark a surface, usually with a paper, pen, pencil, or similar tool (letters, words, or other symbols).
Write, write and send (letters) to someone.
Write (text or any work) for its production or publication in written form or in print, bring it in literary form and enter it in writing.
Insert (data) into an electronic or magnetic storage device, or at a specific location in a computer file system.
Refund (insurance policy)
Sentences of Written
Write the name on the paper
I wrote a letter to Allison
He wrote a great seller
Files can be read and written to the file system.
The doctors felt that no insurance company would buy them a policy at any cost.
Synonyms of Written
correspond, register, think up, record, invent, note down, draw up, write a letter, scribble, make a note of, set down, put down, produce, scrawl, inscribe, mark down, commit to paper, write down, list, dash off, put together, compose, log, communicate, keep in contact, make a list of, formulate
Meanings of Premium:
Price added to price or general cost
Something is given as a gift, reward or incentive.
Sentences of Premium
Accurately, the earnings of a pensionable worker are made up of the premium paid in addition to his salary for the equivalent claim.
Consumers are reluctant to pay more for organic fruits
The Society des Arts gave him a bonus
Synonyms of Premium
additional fee, reward, regular payment, prize, insurance payment, percentage, instalment, surcharge, insurance charge, additional payment, remuneration, recompense, extra charge, perk, bonus, extra, extra amount
Meanings of Income:
The amount received for regular work or investment.
Sentences of Income
Have a good house and a decent income.
Synonyms of Income
pay, emolument, earnings, salary, wages, remuneration, stipend