Abstract
The accounting principles behind the calculation of earned premium and unearned premium reserves are outlined. The purpose of the unearned premium reserve as well as the data required to calculate the reserve are discussed. The nature of the accrued retrospective premium asset is also discussed.
KEY WORDS: Reserving, Unearned Premium Reserving, General Accounting, Data, Retrospective Rating
Volume
6
Year
1994
Categories
Actuarial Applications and Methodologies
Reserving
Loss Sensitive Features
Retrospective Premium Reserves
Actuarial Applications and Methodologies
Reserving
Unearned Premium Reserves
Actuarial Applications and Methodologies
Accounting and Reporting
Publications
Earned and Unearned Premiums
