What is Prime Acquise?
In this glossary, Prime Acquise refers to: The portion of premium that corresponds to the expired part of the policy period and has been 'earned' by providing insurance coverage.
How is Prime Acquise used in finance?
In finance communication, this term appears in contexts such as: "L'assureur a signalé une augmentation de la prime acquise à mesure que davantage de polices atteignaient le milieu de leur durée."
Why does Prime Acquise matter in finance?
Prime Acquise 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 Prime Acquise?
Prime Acquise is mainly used by Financial Analysts, Bankers, and Traders.
What category does Prime Acquise belong to?
In this glossary, Prime Acquise 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.