What is Direct Premium?
In this glossary, Direct Premium refers to: The total amount of insurance premiums received directly by an insurer from policyholders, excluding premiums assumed through reinsurance or ceded to reinsurers.
How is Direct Premium used in finance?
In finance communication, this term appears in contexts such as: "Direct premium written is reported separately from reinsurance in financial statements to show the insurer’s primary business volume."
Why does Direct Premium matter in finance?
Direct Premium matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses Direct Premium?
Direct Premium is mainly used by Financial Analysts, Bankers, and Traders.
What category does Direct Premium belong to?
In this glossary, Direct Premium is grouped under Insurance. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.