written premium

Definition of "written premium"
  1. The amount of premium payment that an insurance company receives in a specific duration, typically a year
How to use "written premium" in a sentence
  1. The insurer reported that the written premium increased over the past fiscal year.
  2. A decline in the written premium might indicate a decreased risk profile or loss of business.
  3. The financial stability of an insurance company can often be assessed by analyzing its written premium.

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