Exchange Currency

net premiums earned

An annual adjustment of net premiums in accordance to an insurance company's liability for unearned premiums. In a growth cycle with increasing business, a company's earned premiums should be fewer than its written premiums. In a period of decreasing volume, the inverse is true.

Related information about net premiums earned:
  1. Gross premiums written - Wikipedia, the free encyclopedia
    ... accounting, only premiums pertaining to the relevant accounting period are recognized as revenues. These premiums are called net premiums earned.
     
  2. Net Premiums Earned
    NET PREMIUMS EARNED. - The adjustment of net premiums written for the increase or decrease of the company's liability for unearned premiums during the ...
     
  3. What is net premiums earned? definition and meaning
    Definition of net premiums earned: An annual adjustment of net premiums in accordance to an insurance company's liability for unearned premiums. In a growth ...
     
  4. Industry Analysis: Insurance (Property/Casualty)
    Instead of Revenues, insurers list Net Premiums Earned and Net Premiums Written. ... Net Premiums Earned is the actual dollar amount that the insurer receives ...
     
  5. Net Premiums Earned - Insurance Glossary
    The adjustment of net premiums written for the increase or decrease of the company's liability for unearned premiums during the year is known as Net Premiums ...
     
  6. Net Vs. Gross Premium Insurance | eHow.com
    Net premiums earned reflect the portion of the premiums the policyholder has already paid and for which the insurance company has already afforded coverage.
     
  7. Insurance Industry Basics: Premiums - The Motley Fool
    Dec 4, 2006 ... Net premiums earned. Accrual-based accounting states that revenues and costs must be matched to the periods for which they are applicable.
     
  8. Understanding Insurance Ratios - Course 166
    USBR calculates the expense ratio of an insurance company by dividing underwriting expenses by net premiums earned. Underwriting expenses are the costs ...