Premiums

Learn about the role and responsibilities of an actuary in the insurance industry.

Explanation of the relevance and handling of cash in the insurance industry.

Definition and explanation of the term 'Contract Reserves' in the insurance industry, specifying their purpose and distinguishing them from other types of reserves.

This term refers to the total amount of insurance premiums collected by an insurance company directly from policyholders before deductions for any reinsured portions of these premiums.

An in-depth explanation of what Gross Premium means in the insurance industry.

A detailed guide to understanding Industrial (Debit) Life Insurance, including key features and regulatory aspects.

Learn about Limited Payment Life Insurance, a type of whole-life insurance where premiums are paid over a specified period, rather than for life.

A detailed explanation of the term premiums written in insurance, encompassing total premiums from contracts within a specific time frame.

Understanding the dynamics of a soft market in the insurance industry.

An overview of the components of total revenue in the insurance industry, including premiums, revenue from investments, and other sources.

A comprehensive guide to understanding Whole Life Insurance including its definitions, benefits, and important considerations.