SP7 - Sept 2011 Q5 (P&L Account)

Discussion in 'SP7' started by Qayanaat, Apr 1, 2019.

  1. Qayanaat

    Qayanaat Ton up Member

    Hi,

    The solution to this question says for large contracts, Earned Premiums = WP - incr in UPR = 0 - (146.071 - 166.429) = 20.358

    I don't understand why written premiums = zero?

    Can anyone shed some light on this please?
     
  2. Ian Senator

    Ian Senator ActEd Tutor Staff Member

    See the first bullet point in the question!
     

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