SERV GLOSSARY
Unearned premiums
SERV defines unearned premiums as insurance premiums received in the year under review or in a previous year that are not earned until later in the policy term due to the special risk profile of the transaction.
SERV defines unearned premiums as insurance premiums received in the year under review or in a previous year that are not earned until later in the policy term due to the special risk profile of the transaction.