What does Original Gross Premium mean? Read on to discover the definition & meaning of the term Original Gross Premium - to help you better understand the language used in insurance policies.
Original Gross Premium
Premium written for the entire risk. May include excess premium not subject to an excess of loss reinsurance agreement; therefore, is not necessarily the same as gross written premium (GWP).
We hope the you have a better understanding of the meaning of Original Gross Premium.