单词 | new business |
释义 | new business in Insurance (nu bɪznɪs) noun (Insurance: Sales and distribution) new business profit margin New business is the number of new policies that are written by an insurance company in a particular period. Typically expenses and reinsurance arrangements change after an insurer ceases towrite new business. Acquisition costs are costs associated with the underwriting of new business, including commission paid to brokers and agents. New business is the number of new policies that are written by an insurance company in a particularperiod. |
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