Examples of Direct written premium in a sentence
Direct Premium Earned: Direct written premium plus the change in unearned premium reserves and the change in reserve for rate credits, minus the Regulatory authority licenses and fees, less write-offs, as calculated in the Supplemental Health Care Exhibit as adopted by the NAIC on August 17, 2010.
Direct written premium of $768M mark a decrease of 24%, or $237M, as compared to last year, primarily as a result of the absence of renewal business related to depopulation.
Direct written premium is a measure of Gross written premium, which excludes assumed premium, and is a commonly used metric in the industry.
Direct written premium in Illinois was $16.3 billion in 2001, which represented 4.6% of the nationwide total.
Direct written premium reported by a surety company in a financial statement filed with the department may be calculated excluding any premiums or service fees retained by a bail bond surety licensed under Chapter 1704, Occupations Code, or by a property and casualty agent in connection with the execution or delivery of a bail bond as defined by Section 1704.001, Occupations Code.