Amount of total insurance premium written or sold by the organization during the reporting period.
Amount of total insurance premium written or sold by the organization during the reporting period.
Organizations should footnote all assumptions used.
This metric is intended to capture the amount of insurance premium written or sold by the organization during the reporting period. Organizations issuing insurance policies directly should report the amount of premium written, while organizations selling insurance policies underwritten by another organization may instead report the value of premiums sold.
This metric is a proxy for resources of an insurer allocated to insurance policies.
June 2022 - IRIS v5.3 Released (current version)
New metric. Gross Written Premium (OI8115) was developed via the IRIS+ Financial Services Benchmark Working Group.