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Excess Interest

The interest amount that is credited to the insurance policy account of an insured over and above the minimum amount...

EP

It stands for earned premium; a portion of an insurance policy's premium that corresponds to the expired part of the...

Expense Ratio

The percentage of all insurance premiums that are used to pay insurance costs, including those associated with costs of acquiring,...

Earned Premium

A portion of an insurance policy's premium that corresponds to the expired part of the policy- that is, that part...

Experience Rating

A rating method in insurance that takes into consideration, for establishing a basis of comparability, the amount of loss experienced...

Experience Adjustment

Broadly, it constitutes a change in considerations or benefits under an insurance contract that are applicable to all relevant risk...