Adjustable Premium

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Adjustable Premium

A premium on an insurance policy that the insurer may alter. The premium may go either down or up, at least to a certain, stated limit. The premium may be adjusted depending on a change to the policyholder's life expectancy, the returns on the investments made with the premiums, and other factors.
References in periodicals archive ?
For years, the consensus among insurers was that fraud represented some small percentage of their business and they adjusted premiums accordingly.
In response, insurers adjusted premiums producing a rate shock that caused consumer outrage against industry and then government.
no effect of SRA) 21,269 19,049 -- Annual Adjusted Premiums $271,597 $236,453 $139,882 For the Three Months Ended February 28, 1997 (unaudited) General Liability $94,739 $71,420 $75,425 Directors and Officers Liability 5,284 5,284 5,504 Professional Liability 6,844 6,844 12,507 Employment Practices Liability 4,249 2,603 821 Property 9,480 8,206 5,321 Risk Solutions 8,555 7,413 1,671 Reinsurance assumed (24,801) (24,801) 18,588 Premiums 104,350 76,969 119,837 Multi-year premiums (net of SRA) (9,922) 1,130 -- Adjustment for SRA contracts 49,870 49,870 9,240 Annual Adjusted Premiums $144,298 $127,969 $129,077 EXEL LIMITED Supplemental Consolidated Financial Data (Dollars in thousands, except per share amounts) For the Three Months Ended February 28, 1998 (unaudited) X.
Based on 2010 and 2011 data, small group adjusted premiums per member per month were $4.
premium reserves -- 35,544 (5,972) Annual Adjusted Premiums $150,681 $130,808 $124,286 EXEL Limited Supplemental Consolidated Financial Data (Dollars in thousands, except per share amounts) For the Three Months Ended February 28, 1997 (unaudited) X.
RAM reported adjusted premiums written, a measure of business production, of $8.
After adjusting for a previous retrocession agreement which impacted retained premiums in the third quarter of 2007, premiums retained would have increased by 61% in the third quarter of 2008, from adjusted premiums retained of $2 million in the third quarter of 2007.
Net adjusted premiums written declined approximately 86% compared to prior year second quarter, primarily the result of reinsuring business from only two ceding companies that are currently writing business.
After adjusting for a previous retrocession agreement which impacted retained premiums in the second quarter of 2007, premiums retained would have increased by 72% in the second quarter of 2008, from adjusted premiums retained of $1.
Net adjusted premiums written grew approximately 53% above the prior year's first quarter, with U.
After adjusting for a previous retrocession agreement which impacted retained premiums in the first quarter of 2007, premiums retained increased by 102% in the first quarter of 2008, from adjusted premiums retained of $1.
5 million, as measured by adjusted premiums written.

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