premium

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Related to Earned premium: unearned premium

pre·mi·um

(prē'mē-ŭm)
The amount that must be paid to the insurer to maintain the desired health insurance coverage.

premium

(prē′mē-um)
A payment made periodically to a health care insurer in exchange for benefits coverage (indemnity against future expenses).

pre·mi·um

(prē'mē-ŭm)
The amount that must be paid to the insurer to maintain the desired health insurance coverage.
References in periodicals archive ?
Individual health insurers' earned premiums for the top 50 grew 17% to $55 billion in 2007 up from $46.9 billion in 2006.
The group achieved net earned premiums of BD4.37m, compared with BD4.07m, an increase of 7.4pc.
Highest net earned premium is shown by EFU at 8.4 bilion, with underwriting profit ratio of 9%.
The group reported an increase of 4pc in net earned premiums at BD8.03m, compared with BD7.75m of the previous half year.
Its gross premiums have increased 8pc and net earned premiums have risen 5pc.
Loss and LAE expense as a percentage of net earned premiums increased 5.3 points resulting in a net loss ratio of 49.3% for the quarter, compared to a net loss ratio of 44.0% for the same period last year.
During the three months ended December 31, 2015, AmTrust ceded $394.4 million of gross written premium and $415.7 million of earned premium to Maiden compared to $434.7 million of gross written premium and $392.5 million of earned premium ceded in the fourth quarter 2014.
Net earned premium income was BD3.5m for the period in comparison to BD3.4m for the same period in 2012.
At the same time, rate increases helped boost both gross written and net earned premiums.
Jubilee Holdings has failed to grow its profit for the first time in 12 years, slowed by a decline in earned premiums as expenses shot up in the financial year ended December 2018.Net profits fell marginally by 1.3 percent to S.
The increase for both periods was driven by growth in earned premiums and service and administrative fees, partially offset by reduced other income and unrealized losses on investments.
In the first nine months of 2017, earned premiums grew 3.6% to $404.9 billion, while loss and loss adjustment expenses (LLAE) rose 11.3% to $311.6 billion.