Gross earned premiums definition

Gross earned premiums means written premium during the period, plus the unearned premiums reserve at the beginning of the period, less the unearned premiums reserve at the end of the period.
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Gross earned premiums means premiums paid or due during a calendar year for all health insurance written in the state less any unearned premiums at the end of that calendar year plus any unearned premiums from the end of the immediately preceding calendar year;
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Examples of Gross earned premiums in a sentence

  • Gross earned premiums comprise gross premiums relating to risks assumed in the year after accounting for any movement in gross unearned premiums.

  • Gross earned premiums totalled EUR 5,821.98 million in 2006, representing an increase of 17.6%.

  • The net interest margin, banking came to 1.80%, up from 1.74% for the year-earlier quarter.• Gross earned premiums, insurance, stood at 1 308 million euros, up 6% compared to the year-earlier figure.

  • Gross earned premiums for contracts in second and subsequent years, comprising Asia segment IFRS gross earned premium of £7.7 billion less gross earned premiums relating to new regular and single premiums of £2.2 billion, plus renewal premiums from joint ventures of £0.6 billion.

  • The existing legislation should be entirely set aside and completely abandoned as any basis for moving forward with NGTs. * 2.

  • Insurance claims consists of claims paid to policyholders, which include changes in the valuation of insurance contract liabilities, except for changes in the provision for unearned premium which are recorded in Gross earned premiums on insurance contracts.

  • Gross earned premiums were EUR 1,089.52 million (2018: EUR 1,157.30 million).

  • Total Operating Income1,884,339,300.882,102,126,213.63Including: Operating income1,884,339,300.882,102,126,213.63Interest income Gross earned premiums Service charge and commission income II.

  • Gross earned premiums were EUR 1,244.93 million (2020: EUR 1,128.64 million).

  • Gross earned premiums were EUR956.51 million (2015: EUR 906.97 million).

Related to Gross earned premiums

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Anticipated county property tax revenue availability means the

  • Final average salary means whichever of the following is greater:

  • Excess Earnings means, with respect to Mortgage Loans held in any subaccount of the Acquisition Account or the Loan Recycling Account established in connection with a Series of Tax- exempt Bonds, the "excess earnings," as defined in Treasury Regulations § 1.148-10T, with respect thereto.

  • Weekly Earnings means, in the case of a day or shift worker, 40 hours x his regular rate;

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Average final compensation means the average annual creditable compensation of a member during

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.