NET PREMIUMS EARNED
  Definition
  
Insurance companies often purchase reinsurance to protect themselves against the risk of a loss above a certain threshold. Net Premiums Earned are Total Premiums Earned less the cost of reinsurance (reinsurance premiums).

  Calculation rule
  
Net Premiums Earned = Total Premiums Earned
 - Reinsurance premiums

  Reference
  
Total Premiums Earned

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