| 单词 | new business profit margin |
| 释义 | new business profit margin in Insurance (nu bɪznɪs prɒfɪt mɑrdʒɪn) Word forms: (regular plural) new business profit margins noun (Insurance: Sales and distribution) new businessA new business profit margin is a system used by insurers to measure the cost of and profit from writing new policies. A company's new business profit margin is defined as the value of new business expressed as a percentage of the presentvalue of future premiums. The insurer is planning to standardize its products as much as possible to reduceproduct development costs and thus increase the new business profit margin. A new business profit margin is a system used by insurers to measure the cost of and profit from writing new policies. |
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