Unearned Reinsurance Premium

Unearned Reinsurance Premium,

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

  1. Definition of Unearned Reinsurance Premium: Part of the insurer's premium applies to the unfinished part of the policy which is reinsured.

Literal Meanings of Unearned Reinsurance Premium

Unearned:

Meanings of Unearned:
  1. Accepted or not accepted.

Sentences of Unearned
  1. No concessions were obtained

Reinsurance:

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

Sentences of Reinsurance
  1. Such incidents will make it difficult for your clients to get international insurance.

Premium:

Meanings of Premium:
  1. Price added to price or general cost.

  2. Something is given as a gift, reward or incentive.

Sentences of Premium
  1. Accurately, the earnings of a pensionable worker are made up of the premium paid in addition to his salary for the equivalent claim.

  2. Avoid paying too much for organic fruits

  3. The Society des Arts gave him a bonus

Synonyms of Premium

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

Unearned Reinsurance Premium,

Unearned Reinsurance Premium Definition:

  1. Unearned Reinsurance Premium can be defined as, Part of the reinsurer's premium applies to the non-terminating part of the policy that is reinsured.

Literal Meanings of Unearned Reinsurance Premium

Unearned:

Meanings of Unearned:
  1. Get it or not

Sentences of Unearned
  1. Unused Concessions.

Reinsurance:

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

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 value 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 value.

  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 overall plan benefits are less extensive than group plans.

  2. In some parts of the country, insurance premiums have 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 it can save you a lot of money in insurance premiums.

  5. Most insurance companies 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.

Synonyms of Premium

portion, bestowal, presentation, top-quality, offering, top, contribution, classy, premier, five-star, elite, fine, high-end, surplus, deluxe, prime, return, payback, high-grade, top-end

Unearned Reinsurance Premium,

What is The Meaning of Unearned Reinsurance Premium?

  • Unearned Reinsurance Premium definition is: The reinsurer's premium portion applies to the unfinished portion of the policy that is reinsured.

Literal Meanings of Unearned Reinsurance Premium

Unearned:

Meanings of Unearned:
  1. Get or not get.

Reinsurance:

Meanings of Reinsurance:
  1. A contract 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 normal value.

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

  3. Make a reference or name a merchandise or product that has a high quality and therefore a 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. Out-of-group insurance is expensive: premiums and deductions are higher, and overall plan benefits are cheaper than group plans.

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

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

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

  5. You and your brother are responsible for the actual payment of property insurance premiums and mortgages.

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

Synonyms of Premium

first-rate, high-quality, select, finest, donation, premium, luxurious, gain, profit, choice, exclusive, handout