Direct written premium,

Definition of Direct written premium:

  1. The amount of the premiums that have been collected, before deducting any premiums sent to reinsurers.

Meaning of Direct written premium & Direct written premium Definition

Direct Written Premium,

Direct Written Premium:

  1. Definition of Direct Written Premium: The total value of the premium recorded by the insurance company does not include the provisions of the premium paid to the insurance companies.

  2. Definition of Direct Written Premium: Total premiums received by non-life insurance companies, excluding adjustments for allocating a portion of these premiums to insurance companies.

  3. Direct Written Premium means: The total premium received by the insurance company, excluding the adjustment to transfer a portion of this premium to the insurance company.

Literal Meanings of Direct Written Premium

Direct:

Meanings of Direct:
  1. With or without someone in between.

  2. Management control or governance functions.

  3. Pointing (something) in a certain direction or to a particular person.

  4. Give (someone) official orders or government instructions.

  5. Move or relocate the shortest route from one place to another without changing direction or stopping.

  6. There are no factors or intermediaries.

  7. Chasing (a person or their behavior)

  8. At an infinite level.

Sentences of Direct
  1. Buy and save now

  2. The economic elite manages the affairs of the state

  3. Directing hot air to the passengers to go back through the hot air ducts

  4. The judge ordered him to serve the community.

  5. There are no direct flights on this day

  6. Complications are a direct result of the spread of bacteria.

  7. He is very straightforward and honest

Synonyms of Direct

run, give orders to, undiplomatic, point blank, unreserved, level, tell, head-on, undeviating, blunt, downright, open, immediate, call on, honest, point, first-hand, candid, straight, straight to the point, straightforward, plain-spoken, outspoken, control, aim, frank, unswerving, command, tactless

Written:

Meanings of Written:
  1. Mark any surface, usually with a pen, pencil or similar tool, on paper (letters, words or other symbols).

  2. Write, write and send (letters) to someone.

  3. Write (text or any work) to produce or publish it in written form or in print, bring it in literary form and enter it in writing.

  4. Insert (data) into an electronic or magnetic storage device, or at a specific location in a computer file system.

  5. Refund (insurance policy)

Sentences of Written
  1. Write the name on the paper

  2. I wrote a letter to Allison

  3. He wrote a great seller

  4. Files can be read and written to the file system.

  5. The doctors felt that no insurance company would buy them a policy at any cost.

Synonyms of Written

draw up, keep in contact, keep in touch, draft, communicate, pen, log, think up, correspond, take down, write a letter, jot down, note, sign, dash off, inscribe, put in black and white, make a note of, invent, pencil, put in writing, produce, mark down, compose, put together, formulate

Premium:

Meanings of Premium:
  1. Price added to price or general cost.

  2. Something is given as a gift, reward or incentive.

Sentences of Premium
  1. Accurately, the earnings of a pensionable worker are made up of the premium paid in addition to his salary for the equivalent claim.

  2. They are reluctant to pay too much for organic fruits

  3. The Society des Arts gave him a bonus

Synonyms of Premium

instalment, insurance payment, extra, bonus, regular payment, reward, insurance charge, extra amount, additional payment, extra charge, recompense, additional fee, surcharge, perk, remuneration, percentage, prize

Direct Written Premium,

Direct Written Premium means,

  1. Direct Written Premium refers to The total value of the premium recorded by the insurance company does not include the premium provisions for reinsurers.

  2. Total premiums received by non-premium insurance companies, excluding adjustments for allocating a portion of these premiums to reinsurers.

  3. Direct Written Premium means: A portion of this premium is the amount of premium received from the insurer without adjustment for re-insurance.

Literal Meanings of Direct Written Premium

Direct:

Meanings of Direct:
  1. Drag or move the shortest path from one place to another without changing direction or stopping.

  2. (The motion of the shadow planets) agrees with the actual motion coming from the west.

  3. (Light or heat) by any means without reflection or block.

  4. (Genealogy) In an inseparable order from father to son.

  5. Taken without quoting anyone's words.

  6. (Tax) is levied on income or profit instead of goods or services.

  7. Complete (used for emphasis)

  8. (A person or their behavior) on a straight line.

  9. (Evidence or proof) relates directly and explicitly to the facts contained in the questions.

  10. Standing on an uncoordinated surface.

  11. No one in between or nothing.

  12. Go straight ahead or without interrupting the tour.

Sentences of Direct
  1. Unfortunately there are no direct flights to Khartoum as we share responsibility with other African destinations.

  2. You can fly directly from Glasgow and Edinburgh to Palma with Globspan by the end of this month. Direct flights are available throughout the year.

  3. The Minister of Transport took the opportunity to invite Arab and foreign airlines to continue direct flights to Iraq.

  4. Stanton says the introduction of direct flights from Birmingham to Noak is attracting golfers to Aniskron every day.

  5. The service was once again a direct route between the city center and Kirkwall Airport and the transfer of Heather Loans was suspended.

  6. But with cheap direct flights to all kinds of civilized countries, you will definitely not be stuck.

  7. Strand Travel offers direct flights to Istanbul and many members of Chris Dorn's own family have booked flights out of Dublin.

  8. PC Bryan, standing in the PVC, tried to cross the river to get to the woman, but decided it would be quicker to find a more direct route.

Synonyms of Direct

matter-of-fact, coach, prime, absolute, uninhibited, in person, conduct, diametrical, cultivate, straight through, instruct, unmediated, no-nonsense, complete, teach, inform, thorough, bluff, better, unbroken, label, drill, dictate, manage, uplift, centre, require, forthright

Premium:

Meanings of Premium:
  1. Price added to price or normal price.

  2. The value added to the interest or bonus.

  3. Reference or name of commercial goods or high quality products and hence high price.

  4. The amount by which the value of a stock or other security exceeds its current value, face value or the value of the asset it represents.

  5. Anything given as a gift, reward or incentive.

  6. Rare and desirable

  7. More than normal or nominal value.

  8. See or treat it as something very valuable or important.

Sentences of Premium
  1. Out-of-group insurance is expensive - premiums and deductions are higher and the benefits of the overall plan are cheaper than group plans.

  2. In some parts of the country, the insurance premium has more than doubled.

  3. In France and Germany, insurance funds are financed by taxes rather than insurance premiums and are strictly regulated by their governments.

  4. Be careful with your credit score when both are driving responsibly. This can save you a lot of money on insurance premiums.

  5. Most insurance companies reduce the premium for students with good grades.

  6. I must have laughed earlier this month when a crazy colleague asked me if home insurance premiums have skyrocketed in the last year.

  7. Low prices were called insurance premiums and an entire industry was born.

Synonyms of Premium

high-end, classy, high-grade, presentation, gain, high-quality, handout, contribution, donation, elite, top, prime, premier, return, fine, surplus, choice, finest, offering, top-quality

Direct Written Premium,

How To Define Direct Written Premium?

  • A simple definition of Direct Written Premium is: The total value of the premium recorded by the insurer does not include the premium provisions paid to the reinsurers.

Literal Meanings of Direct Written Premium

Direct:

Meanings of Direct:
  1. Without factors or mediators.

  2. Straight to the point (a person or his behavior).

  3. Standing on an oblique plane.

  4. Point (to something) in a particular direction or to a particular person.

Sentences of Direct
  1. Heating duct to carry hot air to the rear passengers

Synonyms of Direct

unqualified, bid, destine for, be responsible for, non-stop, supervise, address to, engineer, guide, fix on, preside over, not beating around the bush, superintend, pull the strings, unequivocal, handle, be at the helm of, personal, sincere, mean for, exercise control over, explicit, intend for, face to face, uninterrupted, categorical

Written:

Meanings of Written:
  1. On a surface, usually mark with a paper, pen, pencil, or similar tool (a letter, word, or other symbol).

  2. Writing (text or work) for reproduction or publication in written or printed form, making them in literary form and registering in writing.

  3. Insert (data) into an electronic or magnetic storage device or a specific location in a computer file system.

Synonyms of Written

list, compile, record, get in touch, note down, drop someone a note, create, set down, put down, commit to paper, register, make a list of, scrawl, drop someone a line, write down, scribble

Premium:

Meanings of Premium:
  1. Cost or price included in the general price.

Sentences of Premium
  1. The Société des Arts gave him a bonus.

Synonyms of Premium

inducement, incentive, perquisite, bounty, extra amount/charge