What is Premium reserve...??
Answers
Answered by
1
Answer:
Premium Reserve — insurers earn the premium paid for an insurance policy over the life of the policy. ... An unearned premium reserve is maintained on an insurer's balance sheet to reflect the unearned premiums that would be returned to policyholders if all policies were canceled on the date the balance sheet was prepared.
Answered by
2
Answer:
See the attachment chudail...
Attachments:
Similar questions