ape meaning in insurance

The meaning of the APE is also explained earlier. Casualty Insurance - a form of liability insurance providing coverage for negligent acts and omissions such as workers compensation, errors and omissions, fidelity, crime, glass, boiler, and various malpractice coverages. We are based in Minnesota with warehouses in 6 locations across the country including Minnesota, Texas, Arizona, Indiana, Georgia … Till now you might have got some idea about the acronym, abbreviation or meaning of APE. Newfoundland & Labrador Association of Public and Private Employees 330 Portugal Cove Place P.O. Definition of APE. Diffen › Science › Biology › Zoology › Animals. NBV is calculated as the … Ape definition: Apes are chimpanzees , gorillas , and other animals in the same family. Banking APE abbreviation meaning defined here. Certificate of Insurance Insured: Certificate no: ... ape ape ape ape. What does APE mean? iv. FWD Insurance is the top 4 insurer in the country based on New Business Annualized Premium Equivalent (NBAPE), the unaudited Insurance Commission financial report indicates. Finding that the APE was unambiguous when applied to raw sewage, the court of appeal relied on the policy definition of "pollutants" as "any solid, liquid, gaseous or thermal irritant or contaminant, including . | Meaning, pronunciation, translations and examples . Annual Premium Equivalent listed as APE Looking for abbreviations of APE? Annualized premium equivalent (“APE”) sales are presented to provide consistency of scope for NBV disclosures and industry practice. 'Annual Premium Equivalent' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. However, the revenue gets booked all at once. ape (āp) n. 1. APE is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms APE is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms The APE way of doing things gives a number that is more like the sales number of a trading company and that therefore may be more intuitive. At the same time, they recognize that they still need to fulfill their obligations toward the policyholders. Box 8100 St. John's, NL Canada Definition Gross Written Premium (GWP) — the total premium (direct and assumed) written by an insurer before deductions for reinsurance and ceding commissions. What is the meaning of APE? APE - Annual Premium Equivalent. You might also like some similar terms related to APE to know more about it. Investments with original maturities of three months or less qualify under this definition. PVNBP makes it compare the sales of two companies having both single premiums and recurring premiums. APE Meaning in Insurance - What does APE mean? Meaning, what type of paint damage occurred. Reinstatement: If an insured person fails to pay the premium due to various circumstances and as a result the insurance policy gets terminated, then the insurance coverage can be renewed. Looking for online definition of APE or what APE stands for? It is computed as the sum of annualised first year premiums on regular premium policies, and ten percent of single premiums, written by the Company during … A variety of companies, such as Standard & Poor's, Moody's and A.M. Best, rate insurers. is explained earlier. Includes additional and/or return premiums. Get the top APE abbreviation related to Banking. 2. Get the top APE abbreviation related to Sale. Annual Premium Equivalent - a measure of new business sales growth in the insurance industry. The first of these is not of great importance. What is the meaning of APE? APE definition / APE means? ‘In fact, Huxley argued, a human differs much less from an ape, such as a chimpanzee or gorilla, than an ape does from a baboon.’ ‘Displays of deep caring and empathy across the generations are common in gorillas, and in the other African apes (chimpanzees and bonobos) as well.’ This data, which is more accurate than what was used in the past, makes it easier to set policy premiums for each driver and household. Annual Premium Equivalent (APE): APE is a measure of new business written by a life insurance company. Policies that get paid off in a single one-off premium pose a particular problem. What does APE mean? Related Products. APE definition / APE means? This process of putting the insurance policy back after a lapse is known as reinstatement. There are some types of paint damage that could be covered if you have comprehensive coverage. The Insurance industry had a later start to the Digital Transformation game than some other financial industries, likely due to providers' reluctance to invest in costly updates of hefty legacy systems.But also possibly due to brokers being reluctant to agree to automate the selling and buying of insurance, which tends to be a very personal transaction. Find out what is the full meaning of APE on Abbreviations.com! It will be the sum of single premiums and present value of recurring premiums (e.g., life insurance premiums paid year after year). APE: Allocation Parentale d'Éducation (French: child-raising allowance) APE: Available Potential Energy (meteorology) APE: Application Engineering: APE: Annual Premium Equivalent (insurance) APE: Area of Potential Effect: APE: Artists' Project Earth (UK) Ape: Aeropyrum Pernix: APE… The meaning of the APE is also explained earlier. Weekly auctions include ATV's, Snowmobiles, Watercraft, Cars, RV's, Campers, Trailers, Motorcycles, etc. This line of coverage covers damage resulting from theft, vandalism, fire, accidents with animals, weather/acts of nature, or a falling object. "Waste" was defined in the policy as including, but not limited to, materials to be recycled, reconditioned, or reclaimed. Any of various tailless Old World primates of the superfamily Hominoidea, including the gibbons, orangutans, gorillas, chimpanzees, and humans. Not in scientific use. Written does not imply collected, but the gross policy premium to be collected as of the issue date of the policy, regardless of the payment plan. The Definition of APE is given above so check it out related information. For full definition of core earnings, see “Performance and Non-GAAP Measures” in Manulife Financial Corporation’s 1Q21 Management’s Discussion and Analysis. Weighted average maturity (WAM) is the average time until a portfolio's securities mature, weighted in proportion to the amount invested in the portfolio. Very Protect – Repair Terms and Conditions Page 1 of 6 1. What does APE stand for in Banking? v. New business value ("NBV") is the change in embedded value as a result of sales in the reporting period. Till now you might have got some idea about the acronym, abbreviation or meaning of APE. It was a … APE. The APE includes new regular business premiums on an annualised basis (ie 12 months worth even if the business was only written half way through the year) plus 10% of any new single premium business. Looking for abbreviations of APE? What does APE stand for in Sale? Insurance Abbreviations Browse 1,609 acronyms and abbreviations related to the Insurance terminology and jargon. Any of various members of this superfamily bearing fur and usually living in the wild, especially orangutans, gorillas, and chimpanzees, in contrast to humans. CrankyApe.com is an online auction company specializing in the remarketing of bank repossessed, insurance repairable and consignment recreational vehicles. Individual APE 34.3 37.4 48.9 19% 18.5 21.0 13% Group Premium (NB) 28.3 44.2 54.1 38% 23.4 32.0 36% ... insurance industry 2 Reimagining insurance Market-leading digital capabilities to shape the insurance operating model of tomorrow 4 Quality of Board and management Seasoned leadership guided by an independent and competent Board 5 . APE sales consist of insurance and insurance-based wealth accumulation products, and exclude our wealth and asset management businesses. Though ape and monkey are often used interchangeably in the English language, they are not the same from a scientific point of view. APE uses a simple adjustment factor, PVNBP uses a more sophisticated discounted value. In their view, the payment of the premium often means that the policyholders have fulfilled their side of the bargain and met their obligations. Researching the financial strength of insurance companies is an important step to take before you do business with an insurer. Risk Financing. They comprise 100% of regular premiums/deposits sales and 10% of single premiums/deposits sales. Looking for the definition of APE? The tier system is a way for auto insurers to provide underwriters with more precise risk assessment information. waste." All meanings which belong to APE abbreviation are take part only within Insurance terminology and other meanings are not found. You might also like some similar terms related to APE to know more about it. Golden Ape Media was founded in 2013 by brothers Milo & Goran with a mission of adding value to the world through digital creation and marketing. Over the years they have created, acquired and managed numerous successful digital assets with millions of users reached. . Those policies might last for a long time, meaning that the liability and cost stay on a company's books for some time. It is Annual Premium Equivalent. Insurance; Compare Anything ›› vs. Ape vs. Monkey. How many are there, and what do they mean? The meaning of APE is Annual Premium Equivalent and other meanings are located at the bottom which take place within Insurance terminology and APE has 1 different meaning. It is Annual Premium Equivalent. is explained earlier. APE sales consist of insurance and insurance-based wealth accumulation products, and exclude our wealth and asset management businesses. Insurance companies do not treat the premium that policyholders pay as an earning as soon as they receive it. Sale APE abbreviation meaning defined here. Annual Premium Equivalent (APE) For insurance companies, measuring the revenue for certain products can cause accounting issues. The Definition of APE is given above so check it out related information. 3. Interpretation of the Absolute Pollution Exclusion (APE) continues to vary by state, with few new precedent-setting decisions taking place. Meaning that the liability and cost stay on a company 's books for some time last a... Of new business sales growth in the remarketing of bank repossessed, insurance repairable and consignment recreational vehicles and. 100 % of regular premiums/deposits sales and 10 % of regular premiums/deposits sales and %! To provide underwriters with more precise risk assessment information in a single one-off Premium pose ape meaning in insurance particular problem 's! Have created, acquired and managed numerous successful digital assets with millions of users reached translations and examples APE āp. 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