Diagnostic Medical Sonography 22 July 2015-1 For classes without published meetings times, re gistration in the class must be completed by 11:59 p.m. the day before the class starts. You will find there are many ways to receive acad emic, financial or career assistance to get involved in our community.
Definition of 'gross premium'. gross premium in Insurance (groÊs primiÉm) A gross premium is the total premium of an insurance contract before brokerage or discounts have been deducted. In reinsurance, the primary insurance company usually pays the reinsurer its proportion of the gross premium it receives on a risk.
Gross earned premium (GEP) The total premium on insurance earned by an insurer or reinsurer during a specified period on premiums underwritten in the current and previous underwriting years. Gross written premium (GWP) The total premium on insurance underwritten by an insurer or reinsurer during a specified period, before deduction of reinsurance premium. Incurred but not reported (IBNR) Claims arising out of events that have occurred before the end of an accounting period but have not been reported to the insurer by that date. Insurance profit