Gross premiums written

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In the insurance industry, gross premiums written is the sum of both direct premiums written (see next paragraph) and assumed premiums written, before deducting ceded reinsurance. Direct premiums written represents the premiums on all policies the company's insurance subsidiaries have issued during the year.

Excerpt from the Wikipedia article “Gross premiums written”, under the CC BY-SA 4.0 license. Read the article on Wikipedia