Short-duration insurance contracts will be permitted to use a simplified unearned premium liability model until a claim is incurred.
2.
Liabilities were at P171 million, mostly in reserves for unearned premiums while ending net worth was at P776 million.
3.
Deferred revenues, in the form of unearned premium reserves, of the three leading insurers increased by about 7 percent last year to about $ 3.19 billion, according to S & P . The companies had a stellar return on equity of about 15 percent on average.
4.
Deferred revenues, in the form of unearned premium reserves, of the three leading insurers increased by about 7 percent last year to about $ 3 . 19 billion, according to S & AMP; P . The companies had a stellar return on equity of about 15 percent on average.
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