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When gross premiums written are reduced by ceded reinsurance premiums in financial statements, the result is termed as:
Suggested Answer: A
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21 comments · newest first
AL
Alica
2 days ago
I remember learning about this in class, definitely A.
DE
Della
7 days ago
I feel like A is the most straightforward answer.
RE
Reyes
12 days ago
C) net analyzed premiums sounds confusing.
LY
Lynna
17 days ago
Yes, net premiums written is the standard term used.
DA
Dalene
23 days ago
I’m not sure, but A sounds right.
LE
Lenny
28 days ago
Agreed, it makes sense to subtract ceded reinsurance.
LO
Lorean
1 month ago
I think it's A) net premiums written.
AL
Alpha
1 month ago
A makes the most sense, but I thought there were more options!
GE
Gennie
1 month ago
Just to clarify, ceded premiums are not the same as net premiums.
AL
Alease
2 months ago
Wait, are we sure it's not C? Sounds kinda right too.
ES
Estrella
2 months ago
Totally agree, A is the right answer!
TA
Tamar
2 months ago
It's definitely A) net premiums written.
RO
Roxane
2 months ago
I thought it was earn premiums written at first, but A makes more sense.
LE
Leah
2 months ago
Just to clarify, ceded premiums are separate from this.
LE
Lettie
2 months ago
Wait, are we sure it's not C? Sounds kinda right too.
SU
Susana
3 months ago
Totally agree with A!
LA
Larae
3 months ago
It's definitely A) net premiums written.
SU
Sueann
3 months ago
I feel like I’ve seen this concept before, and it was definitely related to net premiums. So I’m leaning towards A) net premiums written as well.
ME
Meghan
3 months ago
I’m a bit confused about this one. I thought ceded premiums were just the amounts paid for reinsurance, not the final figure.
CO
Cortney
3 months ago
I remember practicing a similar question where we discussed how reinsurance affects premium calculations. I think it’s definitely A) net premiums written.
VI
Viki
4 months ago
I think the answer might be A) net premiums written, but I'm not entirely sure. We covered this in class, but I might be mixing it up with something else.