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:
- 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.
- 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 ...
- 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 ...
- 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 ...
- 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 ...
- 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.
- 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.
- 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 ...