Refers to the insurance premium remaining after the insurer underwrites and collects the insurance premium, excluding the reinsurance premium paid for reinsurance.
1, retained premium rate:
Self-retained premium rate = current self-retained premium ÷ (realized income capital+provident fund)
This indicator is used to measure the risks that insurance companies take on the basis of their own capital.
2. Growth rate of retained premium:
Growth rate of retained premium = (retained premium this year-retained premium last year) ÷ retained premium last year × 100%
Among them, retained premium = premium income+sub-premium income-sub-premium, and the caliber of each item is the same as that of the corresponding item in the accounting statement.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.