Gross Premiums Written - TTM
Total premiums generated from all policies written by an insurance company within a given period of time. This item is usually only available for insurance industry. - TTM
Summary
Gross Premiums Written represents the total premiums generated from all insurance policies written by an insurance company within a given period, before any adjustments for reinsurance, cancellations, or returns. This metric captures the full scope of an insurer's underwriting activity and serves as a primary measure of business volume and market presence in the insurance industry. Gross Premiums Written reflects the insurance company's ability to attract customers, price policies competitively, and grow its book of business across different product lines and geographic markets. This metric is fundamental to insurance company operations as it represents the primary revenue source from underwriting activities, forming the foundation upon which insurance companies build their profitability models. Gross Premiums Written provides insight into an insurer's market share, competitive positioning, and growth trajectory within specific insurance segments. The metric encompasses premiums from all policy types including property, casualty, life, health, and specialty insurance products.
This summary was generated by AI.
Why It's Important
Gross Premiums Written is essential for evaluating insurance companies because it represents the core revenue-generating activity of the insurance business model and provides insight into market competitiveness, growth prospects, and underwriting capacity. Investors and analysts use this metric to assess an insurer's ability to attract and retain customers, expand market share, and generate sustainable premium revenue across economic cycles. Consistent growth in gross premiums written often indicates effective distribution channels, competitive product offerings, and successful market penetration strategies. This metric is crucial for comparative analysis within the insurance industry, allowing investors to evaluate relative market positions and growth rates across different insurers and insurance segments. Analysts monitor gross premiums written trends in conjunction with loss ratios and expense ratios to assess overall underwriting profitability and operational efficiency. The quality and diversification of gross premiums written across different product lines and geographic regions also helps investors evaluate risk concentration and business stability, making it a key indicator of insurance company financial health and long-term sustainability in competitive insurance markets.
This summary was generated by AI.