Similarly, the net premium passed on by you to the insurance company must be excluded from the costs.

Net premiums grew just 3.4 per cent, in spite of rates hardening.

General Re is one of the largest reinsurers in the world based on net premiums written and capital.

To find the credit spread breakeven points for call spreads, the net premium is added to the lower strike price.

For put spreads, the net premium is subtracted from the higher strike price to breakeven.

Under the no-arbitrage assumption the net premium paid out to acquire this position should be equal to the present value of the payoff.

This premium is in fact the net premium for a risk , where denotes the moment generating function.

These premiums are called net premiums earned.

A Net Premium Valuation is an actuarial calculation, used to place a value on the liabilities of a life insurer.

This is how it works: Starting in 2014, health insurance companies will be whacked with a tax based on their net premiums written in the fully insured market.

The process of 'Zillmerisation', or 'applying a Zillmer adjustment' involves increasing the amount of future net premiums allowed for in the valuation.

Since the adjusted net premium is larger, you are in effect subtracting a larger amount, producing a smaller reserve - and thus reducing the new business strain.

(i.e. PV of future benefits less PV of future notional net premiums)

The strategy can often be placed for a net credit when the net premium earned for the written puts minus the premium paid for the long puts is positive.

The pay-off for the long box-spread will be the difference between the two strike prices; and the profit will be the amount by which the discounted payoff exceeds the net premium.

In return, MBIA agreed to give Converium $101 million in net premiums on new business generated by MBIA over a six-year period that ended last October.

The nature and timing of reinsurance transactions or other factors which are present in the process of transactions can affect the net premium written negative, but negative net written premiums can be temporary.

Net premiums written is the sum of all types of insurance premiums which a company may collect throughout the whole duration of existing insurance policies minus the costs like agent's commissions or payments made for reinsurance.

The study, compiled from regulatory filings by insurers to state regulators, finds that net claims for medical malpractice paid by 15 leading insurance companies have remained flat over the last five years, while net premiums have surged 120 percent.

Insurance companies often purchase reinsurance to protect themselves against the risk of a loss above a certain threshold; the cost of reinsurance (reinsurance premiums) is deducted from gross premiums written to arrive at net premiums written.

As Members of the House will know, the bloc exemption creates exemptions from normal competition law, of the kind Mr Langen mentioned, in relation to the calculation of premiums where net premiums may be jointly calculated by insurers.

Whole life insurance alternative, where there is any need for permanent death benefits, but little or no need for cash surrender values, then a current assumption UL or GUL may be an appropriate alternative, with potentially lower net premiums.

NET LEVEL PREMIUM RESERVE - The excess, if any, of the present value of future guaranteed death endowment benefits over the present value of future net premiums.

Premiums are not usually deductible against income tax or corporation tax, however qualifying policies issued prior to 14 March 1984 do still attract LAPR (Life Assurance Premium Relief) at 15% (with the net premium being collected from the policyholder).

Charting the Cost of Malpractice Insurance In a study that may add fuel to the debate over the high price of medical malpractice insurance, the Center for Justice and Democracy found that net claims paid by 15 leading insurance companies stayed flat over the last five years, while net premiums surged 120 percent.