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.
Technical terms
The glossary contains precise explanations of key terms – from the Arrangement on Officially Supported Export Credits and del credere risk through to working capital insurance.
Use the alphabetically sorted list or the search function to search for specific terms.
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Unearned premiums