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Invitation to the
Annual General Meeting 2017Key figures
12016+/
previous
year Gross written premium16,353.64.2×17,068.714,361.813,963.413,774.2Net premium earned14,417.61.2×14,593.012,423.112,226.712,279.2115.9+23.6×93.8(23.6)(83.0)(96.9)Figures
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How to fill out gross written premium
01
Step 1: Gather all the necessary information, such as the insurance policy documents and relevant financial statements.
02
Step 2: Determine the total amount of premium income received during the specified period.
03
Step 3: Exclude any premium income that is returned or refunded, as it should not be included in the gross written premium.
04
Step 4: Include any additional premium income received from endorsements or policy modifications.
05
Step 5: Calculate the net written premium by subtracting any reinsurance premiums or commissions paid to agents or brokers.
06
Step 6: Sum up the net written premium and the additional premium income received to get the gross written premium.
Who needs gross written premium?
01
Insurance companies need to calculate the gross written premium to assess their overall premium income generated from policies.
02
Insurance regulators may also require insurance companies to report their gross written premium as part of regulatory compliance.
03
Investors and analysts in the insurance industry may use the gross written premium to evaluate the financial performance of insurance companies.
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