earned reinsurance premium
The earned reinsurance premium is the amount of premium allocated to the portion of the policy period that has elapsed at any given point in time.
earned reinsurance premium
The earned reinsurance premium is the amount of premium allocated to the portion of the policy period that has elapsed at any given point in time.
Additional Information
Reinsurance premiums are usually paid at the inception of the underlying policy to which they apply. Reinsurers recognize the premium as being earned as time elapses during the underlying policy period.
Synonyms
earned premium
