Resources Insurance Glossary

Work-in-progress

Inventory that is in the process of being manufactured or worked upon.

Work-in-progress

Inventory that is in the process of being manufactured or worked upon.

Working Layer

An area of excess reinsurance in which loss frequency is expected.

Working Layer

An area of excess reinsurance in which loss frequency is expected.

Written Premium

Total premiums on all policies written by an insurer during a specified period of time, regardless of the portions that have been earned.

Written Premium

Total premiums on all policies written by an insurer during a specified period of time, regardless of the portions that have been earned.

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Functional

Performance

Analytics

Others

Work-in-progress

Work-in-progress

Working Layer

Working Layer

Written Premium

Written Premium

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