EARNINGS ESTIMATES
Term
Premiums Ceded Out and Unearned
Definition
Premiums Ceded Out and Unearned represents reinsurance premium ceded out and changes in unearned premiums. This item serves as a contra account to Gross Premiums Written to obtain the Net Premiums Earned by an insurance company.
Term
Premiums Per Member Per Month, Total
Definition
Premiums per Member per Month, Total represents the Company level Premiums per Member per Month, as reported by the company. It is obtained using the total revenues earned by the company, divided by the total number of member months.
Term
Prepaid Benefits - Domestic
Definition
Cumulative employer contributions in excess of accrued net pension cost for plans based in the company’s home country.
Term
Prepaid Benefits - Foreign
Definition
Cumulative employer contributions in excess of accrued net pension cost for plans based in countries other than the company’s home country.
Term
Prepaid Benefits - Post-Retirement
Definition
Cumulative employer contributions in excess of accrued net pension cost for Post-Retirement plans.
Term
Prepaid Expenses
Definition
Prepaid Expenses represents changes in prepaid expenses during the period. An increase in prepaid expenses has a negative impact on cash flow from operating activities, and vice versa.
Term
Prepaid Expenses
Definition
Prepaid Expenses represents goods or services that have already been purchased, but not fully consumed or used.
Term
Pretax Margin
Definition
Pretax Margin represents Income Before Tax divided by Total Revenue.
Term
Previous Day's Close
Definition
This is the closing price of a security from the previous trading day.
Term
Price
Definition
The last price for a stock