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Definitions from the Web

Netpremiums

Part of Speech: Noun

Definition: Netpremiums refer to the total premium income earned by an insurance company after deducting reinsurance costs and commissions paid to agents or brokers.

Example 1: The insurance company reported higher netpremiums this quarter, indicating a growth in their business.

Example 2: The netpremiums of the company have been steadily increasing over the past few years, reflecting their successful underwriting practices.

Related Products

Here are some related books on insurance and premium income:

• Insurance Basics
• Underwriting Principles
• Reinsurance Strategies