PVNBP
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PVNBP — is Present value of new business premiums. This is a term used in insurance to indicate the present value of total sales (premiums) confirmed to receive from present to future. It will be the sum of single premiums and present value of recurring… … Wikipedia
Annual premium equivalent — (APE) is used for comparison of cost by determining what the price would be if paid once for a year s period. This is particularly used when the sales contain both single premium and regular premium business. This is used in insurance industry to … Wikipedia
