Value of premium earned by the organization as of the end of the reporting period, without any deductions for commissions or other expenses.
Value of premium earned by the organization as of the end of the reporting period, without any deductions for commissions or other expenses.
Organizations should footnote all assumptions used.
This metric is intended to capture gross premium earned, calculated as the premium income (written) in the period minus the change in unearned premium reserve.
June 2025 - IRIS+ v5.3b Released (current version)
No change.
December 2024 - IRIS+ v5.3a Released
No change.
June 2022 - IRIS+ v5.3 Released
Immaterial change. Minor revisions to definition and usage guidance for clarity.
May 2021 - IRIS+ v5.2 Released
No change.
January 2020 - IRIS+ v5.1 Released
No change.
May 2019 - IRIS+ v5.0 Released
No change.
March 2016 - IRIS+ v4.0 Released
Immaterial change. Minor revision to calculation language for clarity.
March 2014 - IRIS+ v3.0 Released
Immaterial change. Minor revision to metric name for clarity.
November 2011 - IRIS+ v2.2 Released
New metric. Earned Premium (PI2025) was developed via the IRIS Taxonomy Development Group.