Earned Reinsurance Premium

1 minuteread by Gary Huddleston

Earned Reinsurance Premium — the amount of premium allocated to the portion of the policy period that has elapsed at any given point in time. Reinsurance premiums are usually paid at the inception of the underlying policy to which they apply. Reinsurers recognize the premium as being earned as time elapses during the underlying policy period.

0
54
1 minuteread by Gary Huddleston

Related Knowledge Base Posts