Net premiums received definition

Net premiums received means gross premiums written, less
Net premiums received means premiums received net of associated reinsurance premiums paid
Net premiums received means gross premiums written, less return premiums thereon and dividends credited or paid to policyholders.

Examples of Net premiums received in a sentence

  • Net premiums received from these contracts are not recognized as revenue; all expenses associated with these contracts are recognized through profit or loss under "other operating income".

  • Net premiums received from ceding companies may be used to make further investments or to pay distributions to the Master Fund, as appropriate.Representative Structure Diagram, showing the Company, Master Fund SAC and the Reinsurer and their respective relationship with the Montpelier Group The above diagram is a representative diagram showing the principal ownership and contractual relationships between the Company, the Master Fund SAC, the Reinsurer and the Montpelier Group.

  • Net premiums received for written options which are exercised are deducted from the cost or added to the proceeds on the underlying instrument to determine the realized gain or loss.

  • Net premiums received for written options which expire are treated as realized gains.

  • Coach Brown’s conduct presents a separate issue.In this case, Coach Brown paired Rosenberg and CP to either drill or “live wrestle” at the end of practice.


More Definitions of Net premiums received

Net premiums received means gross premiums written, less return premiums thereon and dividends credited or paid to policyholders except that, in determining the apportionment amount pursuant to this section, the net premiums received by a company, other than a domestic insurer as defined in N.J.S.17B:17-7 that sells life insurance as defined in N.J.S.17B:17-3, including annuities as defined in N.J.S.17B:17-5, shall not exceed $300,000,000 on any one contract of insurance.

Related to Net premiums received

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • Gross Proceeds means the aggregate purchase price of all Shares sold for the account of the Company through an Offering, without deduction for Organization and Offering Expenses.