Annual Premium Equivalent (APE definition

Annual Premium Equivalent (APE means the annualized premium amount for Regular Premium Participating Plans. For example, if customer purchased a Regular Premium plan with monthly premium of RM300, the customer’s APE amount will be RM3,600 (RM300 X12).

Examples of Annual Premium Equivalent (APE in a sentence

  • Annual Premium Equivalent (APE) represents 100% of new business regular premiums + 10% of new business single premiums.

  • Annual Premium Equivalent (APE) represents 100% of new business regular premiums plus 10% of new business single premiums.

  • Annual Premium Equivalent (APE) is total new annual premiums plus 10% of single premiums.

  • Annual Premium Equivalent (APE) sales for the nine month period ended 31 December 2009 were 23% lower (on an annualised basis) than the twelve month period ended 31 March 2009.

  • Annual Premium Equivalent (APE) sales for the nine month period ended 31 December 2009 were 32% lower than the comparable nine month period ended 31 December 2008.

  • Annual Premium Equivalent (APE) is calculated for total new business, including unit trusts and ISAs but excluding institutional fund management, and comprises the new annual premiums together with 10% of single premiums.

  • Annual Premium Equivalent (APE) represents 100% of new business regular premiums +10% of new business single premiums.

  • In Nordic,Tax(418)(395)(354)investment in the sales channel led to a turnaround from theMinority interests(292)(274)(247)decline in Annual Premium Equivalent (APE) sales experiencedduring the first half of the year.

  • Annual Premium Equivalent (APE) sales comprise regular premium sales plus one-tenth of single premium insurance sales.

  • In our core insurance activity, worldwide new business Annual Premium Equivalent (APE) grew by 14%to exceed £1bn for the first time in our history.

Related to Annual Premium Equivalent (APE

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