Well this may seem to be a very lame question but still just to clear my doubt - Are net premiums exclusive of expenses as well as bonuses i.e. are they calculated just using premiums and benefits ? Thank You
I googled it as you said. But my main question still lies unanswered : Do we include any element of bonus in calculation of net premiums ?
haven't got the Course Notes, but this might help? https://www.acted.co.uk/forums/index.php?threads/net-premiums-include-bonuses-or-not-chapter-6.4542/