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Inception premium
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WebInception. Leonardo DiCaprio plays a thief who steals corporate secrets from sleeping minds. Now he must be the first to pull off the reverse: planting an idea in exchange for … WebBy recognizing acquisition expenses before the premium income is fully earned, an insurance company is required to absorb those expenses in its policyholders’ surplus. This appears to reduce the surplus available at the inception of a policy to pay unexpected claims under that policy.
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