Direct premiums earned definition

Direct premiums earned means the amount of
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.
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

Examples of Direct premiums earned in a sentence

  • Premiums, including earned premiums (Premium earned during the calendar year) and net earned premiums (Direct premiums earned plus premium assumed and less reinsurance ceded).

  • Direct premiums earned$ (15.1)$ (30.3)Pools premiums earned0.1(19.8)Ceded premiums earned14.818.9Decrease in revenue$ (0.1)$ (31.2) Pre-tax realized investment and other gains were $34.8 million in Q2 06, down from $46.8 million in Q2 05.

  • Direct premiums earned decreased to $223.1 million compared to $248.5 million in the same period last year.

  • Direct premiums earned$ 7.0$ (23.3)Pools premiums earned(17.5)(37.4)Ceded premiums earned10.028.9Decrease in net premiums earned$ (0.5)$ (31.8) Pre-tax realized investment and other gains were $35.8 million in Q3 06, down from $66.8 million in Q3 05.

  • Direct premiums earned totaled $381.6 million compared to $410 million in 2018 (a decline of $28.4 million or 6.9%).

  • Direct premiums earned decreased to $309.5 million compared to $343.3 million in the same period last year.

  • Reinsurance transactions reflected in the accompanying Consolidated Statements of Operations were as follows: Year Ended December 31, (Dollars in thousands) 2005 2004 2003 Direct premiums earned $ 1,148,775 $ 1,034,903 $ 815,446 Assumed premiums earned 76,505 53,782 70,684 Ceded premiums earned (46,580 ) (144,260 ) (112,331 ) Net premiums earned $ 1,178,700 $ 944,425 $ 773,799 Ceded loss and loss adjustment expenses incurred $ 12,294 $ 78,229 $ 26,645 NOTE 11 COMMITMENTS AND CONTINGENCIES Leases.

  • Direct Premiums Earned: Direct premiums earned decreased to $409.9 million compared to $451.3 million in the same period last year.

  • LRB095 19773 KBJ 46147 b 1 "Direct premiums earned for new and renewal business" means 2 the insurers direct premium earned from the first through the 3 final day of the reporting quarter, and includes only premium 4 specific to covered Illinois residents.

  • Direct premiums earned decreased to $207.2 million compared to $233.1 million in the same period last year.


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

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.

  • Net Earned Premium as used herein is defined as gross earned premium of the Company for the classes of business reinsured hereunder, less the earned portion of premiums ceded by the Company for reinsurance which inures to the benefit of this Contract and less dividends paid or accrued.

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

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

  • Payoff Earnings For any Distribution Date with respect to each Mortgage Loan on which a Payoff was received by the Master Servicer during the Payoff Period, the aggregate of the interest earned by the Master Servicer from investment of each such Payoff from the date of receipt of such Payoff until the Business Day immediately preceding the related Distribution Date (net of investment losses).

  • Share Premium Account means the share premium account established in accordance with these Articles and the Companies Act.

  • Excess Earnings means, with respect to Mortgage Loans held in any subaccount of the Acquisition Account or the Loan Recycling Account established in connection with a Series of Tax- exempt Bonds, the "excess earnings," as defined in Treasury Regulations § 1.148-10T, with respect thereto.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Insurance Premiums shall have the meaning set forth in Section 6.1(b) hereof.

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Final Average Earnings means (a) divided by (b) as follows:

  • Weekly Earnings means your gross weekly 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.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. 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.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Total Service Charges means all charges, after application of all discounts and credits, for Services excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international pass-through access (Type 3/PTT) and charges for international access or provided by Company (Type 1), charges for security services provided by Cybertrust, Inc. or its affiliates set forth in the Guide as providers of Cybertrust security services and other charges expressly excluded by this Agreement.