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.
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.