Définition
Net non-life insurance premiums (D71) comprise both the actual premiums payable by policy holders to obtain insurance cover during the accounting period and the premium supplements payable out of the property income attributed to insurance policy holders, after deducting the service charges of insurance enterprises arranging the insurance.
The premium supplements represent the property outcome perceived by the insurance company which invest the premiums paid by policy holders. This property income represents income foregone by the client and so is treated as an implicit supplement to the actual premium.
Net non-life insurance premiums are split into two categories:
(a) net non-life direct insurance premiums (D711);
(b) net non-life reinsurance premiums (D712).
Net non-life insurance premiums are the amounts available to provide cover against various events or accidents resulting in damage to goods or property, or harm to persons as a result of natural or human causes, examples being fires, floods, crashes, collisions, theft, violence, accidents, sickness, etc., or against financial losses resulting from events such as sickness, unemployment, accidents, etc.