Direct Written Premium
Definition of "Direct written premium"
Total premiums received by a property and liability insurance company without any adjustments for the ceding of any portion of these premiums to the reinsurer.
Popular Insurance Terms
Rating method for commercial fire insurance according to a predetermined schedule. Published by A. F. Dean in 1902, this method was the first comprehensive qualitative analysis procedure to ...
Maximum that an insurance company can underwrite. The limits of coverage that a property and casualty company can underwrite are determined by its retained earnings and invested capital. ...
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