Premium Growth definition
Examples of Premium Growth in a sentence
No later than the March 15 immediately following the Vesting Date the Committee shall certify in writing (which may consist of approved minutes of a Committee meeting) the TSR Rank, ▇▇▇ Rank and Premium Growth Rank attained by the Company for the Performance Period, and the number of Performance Shares issuable to the Employee based on those performance levels.
No later than the March 15 immediately following the Vesting Date the Committee shall certify in writing (which may consist of approved minutes of a Committee meeting) the levels of Comparative TSR, Average ▇▇▇ and Comparative Premium Growth attained by the Company for the Performance Period, and the number of Performance Shares issuable to the Employee based on those performance levels.
All revenue information for each PG Peer Company shall be obtained from the financial or statistical supplement published by the company for the last quarter of the applicable year; provided, however, that if the revenue information for any PG Peer Company is subsequently revised, the latest publicly available revenue information on the date the Committee certifies the Premium Growth Rank pursuant to Section 4.1 shall be used for the calculations under this Section 2.4.2. Aetna Inc.
If the Comparative Premium Growth for the Performance Period is between any two data points set forth in the fifth column of the above table, the Premium Growth PF shall be determined by interpolation between the corresponding data points in the sixth column of the table.
In addition, if prior to the end of the Performance Period, any Peer Group Company acquires (including an acquisition by reinsurance) any of the companies listed in the following table, or the group life and disability product lines of any of those companies, then such company shall not be considered a Peer Group Company and Peer Group Premium Growth shall be calculated based on the remaining Peer Group Companies.
If the Comparative Premium Growth for the Performance Period is between any two data points set forth in the third column of the above table, the Premium Growth PF shall be determined by interpolation between the corresponding data points in the fourth column of the table (rounded to the nearest tenth of a percentage point).
All revenue information for each PG Peer Company shall be obtained from the financial or statistical supplement published by the company for the last quarter of the applicable year; provided, however, that if the ____ revenue information for any PG Peer Company is subsequently revised, the latest publicly available ____ revenue information on the date the Committee certifies the Premium Growth Rank pursuant to Section 4.1 shall be used for the calculations under this Section 2.4.2. Aetna Inc.
No later than the March 15 immediately following the Vesting Date the Committee shall certify in writing (which may consist of approved minutes of a Committee meeting) the levels of Comparative TSR and Comparative Premium Growth attained by the Company for the Performance Period, and the number of Performance Shares issuable to the Employee based on those performance levels.