Premium paid to reinsurers under reinsurance treaties to transfer a portion of the insurer's risk.
the plural for premium is premiums. As in "the premiums are worth it".
The premium is the cost that you must pay to have the insurance.
yes a higher deductible means a lower premium.
Maturity Risk Premium (MPR)
Inflation is rise in price of commodities in the economy. Inflation takes away the spending capacity from a consumer in an economy. As such premium must be paid during the initial period. However when people are facing a hard time fulfilling their basic needs such as rations how can we expect people to pay premium? Premium is paid to insure themselves from risk. But context here is different. People will be facing tough situation and encountering sky-rocketting price meaning spending power of consumer will decrease. So there will be decrease in number of insured around the world if the inflation hit hard.
Net Premiums written = Gross Written premium less deductions for commissions and ceded reinsurance.
What does ceded premium mean
To yield or surrender; to give up; to resign; as, to cede a fortress, a province, or country, to another nation, by treaty.
premimum segment
When shares are issued at value which is more than face value then it is called shares issued at premium.
Spain ceded California to The United States.
Kentucky was not ceded from another country, but it was ceded from another state. It became independent from Virginia ins 1792.
This is normally because your employer is paying for a part of the premium, meaning you don't have to, which means that it is income.
in the clock,it means post meridiem
The word " ceded " means granted or given the ownership to something; to yield or formally surrender to another. Example sentence:Russia ceded Alaska to the USA. a century ago, in exchange for gold.
succeeded
cede:)