Glossary beginning with E

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Earned premium: Written premium in a given period giving consideration to the settlement of revenues (premiums) over time through movement in premium provision.
Embedded value: Actuarial valuation method referring to the value of shareholders’ profits that will be generated by the in-force insurance contracts in an insurance undertaking’s portfolio. This method incorporates shareholder risk of uncertainty concerning the timing and amount of future expected earnings.
Everest: a system for managing non-life insurance which is being implemented in PZU.System do obsługi ubezpieczeń majątkowych i pozostałych osobowych wdrażany w PZU.