Question

What are earned premiums?

a.

Premiums ceded and included in the accounts for the year in question

b.

Premiums paid in advance for future years

c.

Premiums received from reinsurers

d.

Premiums received from policyholders after the year-end

Posted under IC85 Reinsurance Management

Answer: (a).Premiums ceded and included in the accounts for the year in question Explanation:Earned premiums are the premiums ceded and included in the accounts for the year in question.

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