Direct premiums earned definition

Direct premiums earned means the amount of
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Direct premiums earned means the amount of premium attributable to the coverage already provided in a given reporting period before reinsurance has been ceded or assumed.
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Direct premiums earned means direct premiums earned as reported in column 2 on page 14 of the company’s Fire and Casualty Annual Statem ent, for the appropriate calendar year, in the form adopted by the National Associa­ tion of Insurance Commissioners subject to adjustm ent as approved by the rein­ surer for cessions to pools, facilities, and associations and for the inclusion of participation shares in such pools, facil­
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More Definitions of Direct premiums earned

Direct premiums earned means direct premiums earned as reported in column 2 on page 14 of a company’s Fire and Casualty Annual Statements, for the
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Related to Direct premiums earned

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

  • 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.

  • Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.

  • Net earned premium as used herein is defined as the Company's gross earned premium collected on the classes of business subject to this Contract, less only the earned portion of premiums, if any, ceded by the Company for reinsurance which inures to the benefit of this Contract and less dividends incurred.

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