Gross Premiums

RECENT NEWS
Insurance Journal  Sep 7  Comment 
SCOR SE, France’s largest reinsurer, expects gross premiums to rise as much as 7 percent annually over the next three years on increased demand in Asia. SCOR has “significant growth potential” despite a challenging and uncertain environment...
newratings.com  Jul 22  Comment 
LONDON (dpa-AFX) - Beazley plc (BEZ.L) reported pre-tax profit of $150.2 million for the six months ended 30 June 2016 compared to $154.5 million, last year. Profit after income tax - all attributable to equity shareholders decreased to $128.8...
Reuters  Feb 18  Comment 
British property and casualty insurer Lancashire Holdings Ltd reported a 24.2 percent fall in full-year pretax profit on Thursday, hurt by a fall in gross written premiums in its property and energy businesses.
newratings.com  Nov 12  Comment 
LONDON (dpa-AFX) - Risk insurance and reinsurance provider Beazley plc (BEZ.L) reported that its gross premiums written for the nine months ended 30 September 2015 grew by 6% to $1.638 billion from last year's $1.546 billion, while it was up...




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This is the aggregate value of all premiums, or insurance payments to compensate future losses incurred, the company earned.

Insurance companies sell Premiums, which are paid in lump sums or over the course of a particular policy to compensate for losses incurred in the future. The company uses premiums to invest and build a Claims Loss Provision or "loss reserve" to use to pay losses incurred in the future by its policyholders.

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