Gross written premium GWP
Term · Insurance and risk management · MLC-T-INS-001671
The total amount of premium an insurer writes during a specific period, before any deductions for reinsurance ceded or policy cancellations. This figure represents the total revenue generated from new and renewal policies issued by the insurer. It is a key indicator of an insurer's market share and growth in the insurance industry.
| Identifier | MLC-T-INS-001671 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001671",
"term": "Gross written premium GWP",
"field": "Insurance and risk management",
"definition": "The total amount of premium an insurer writes during a specific period, before any deductions for reinsurance ceded or policy cancellations. This figure represents the total revenue generated from new and renewal policies issued by the insurer. It is a key indicator of an insurer's market share and growth in the insurance industry.",
"url": "https://mlchart.com/terminology/insurance/gross-written-premium-gwp/"
}
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