How to calculate gwp insurance?

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Answer(s) available: 1

Narsimha Kaul

, Vending Machine Mechanic, Service Delivery Emea Lifecycle

Gross net written premium income is calculated by taking the ceding insurer's premium income, rather than premium receipts. The premiums are “net,” meaning that any cancelations, refunds, and premiums paid for reinsurance are deducted, and “gross” because expenses are not deducted.

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