What does ape stand for in insurance?
Asked by: Victoria Mertz | Last update: August 25, 2025Score: 4.9/5 (17 votes)
How to calculate insurance APE?
Description: APE is computed as: APE = Annualized regular premium + 10 % of single premium (Including top-up premium). Where annualized regular premium = Premium amount * Billing frequency.
What is the difference between APE and revenue?
Annual premium equivalent (APE) is a measure used for comparison of life insurance revenue by normalising policy premiums into the equivalent of regular annual payments. This is particularly used when the sales contain both single premium and regular premium business.
What does APE mean in business?
Annual premium equivalent (APE) is specifically used when sales contain both single premium and regular premium business. Single premium insurance policies require a single lump-sum payment from the customer or policyholder.
What is the difference between GWP and APE?
APE is often used to provide a clearer picture of long-term income, while GWP shows total sales. 5. How does APE affect business profitability? APE provides a more accurate view of future cash flows from regular premium policies and helps insurance companies forecast long-term profitability.
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What is ape in insurance?
Annual Premium Equivalent (APE) = the sum of the initial premium on new annual-premium policies, plus one-tenth of premiums on new single-premium policies. This is the premium basis used to compute Life new business value.
What is ape premium?
APE is a line of premium cannabis products that set a new benchmark for quality and design. APE's concept of THC/CBD mixes (“Different high for different time”) provided this lifestyle brand a loyal following since its inception in 2021.
What did ape stand for?
Adapted physical education (APE) is specially designed instruction in physical education that has been adapted or modified so that it is as appropriate for the person with a disability as it is for a person without a disability.
What is the difference between annual premium and annualized premium?
Q: What is the difference between Annual Premium and Annualized Premium? Ans: The Annual Premium is the amount you pay each year, while the Annualized Premium refers to the total amount you would pay over a year, including any extra charges for the payment frequency chosen.
What is the term for ape?
"Ape" has been used as a synonym for "monkey" or for naming any primate with a human-like appearance, particularly those without a tail. Biologists have traditionally used the term "ape" to mean a member of the superfamily Hominoidea other than humans, but more recently to mean all members of Hominoidea.
What is GWP insurance?
Gross written premium is a term that may refer to the total amount of premiums collected by an insurance company during a given period before any discounts or refunds are taken into account. It measures the total amount of business an insurance company has written in a particular period.
How to calculate insurance premium formula?
Premium = Own damage premium – (No claim bonus + discounts) + Liability Premium as fixed by the IRDAI + Cost of Add-ons. The following factors determine the premium value of the insured car: Age of the Insured - Those individuals who are below the age of 25 and above 18 are considered to be more prone to accidents.
What is the annual revenue of go ape?
In accounts for the year to 31 December 2023, Adventure Forest Group (which trades as Go Ape) posted pre-tax profits of £3.5m, down from almost £11m in the previous year. Turnover dipped from £29.9m to £27.5m as visitor numbers fell by 8 per cent against 2022.
How do you calculate ape factor?
The ape index is usually defined as the ratio of arm span to height. However, an alternative approach is arm span minus height with the result being positive, 0 or negative. Unlike the dimensionless ratio, this calculation produces a numeric value in the units of measurement used to represent the height and arm span.
What is the annual premium in insurance?
A current annual premium is what it sounds like — the current amount a member pays each year for a health insurance policy. Current annual premiums can result in significant expenses for policyholders — in 2021, the average American paid nearly $8,000 annually for health insurance coverage.
What does API stand for in insurance?
The Associate in Personal Insurance (API) is a professional certification in the insurance industry. As its name suggests, the API is focused on personal lines insurance, which is the type of insurance that protects against personal injury, death, or loss of property.
How to calculate APE insurance?
Description: APE is computed as: APE = Annualized regular premium + 10 % of single premium (Including top-up premium). Where annualized regular premium = Premium amount * Billing frequency.
Is it better to pay premium monthly or yearly?
Paying your insurance premiums annually is almost always the least expensive option. Many companies give you a discount for paying in full because it costs more for the insurance company if a policyholder pays their premiums monthly since that requires manual processing each month to keep the policy active.
What is the solvency ratio in insurance?
Solvency Ratio is a measure of capital adequacy. It is expressed as a ratio of Available Solvency Margin to Required Solvency Margin. The excess of assets6 over liabilities7 and other liabilities of policyholders' funds and shareholders' funds maintained by the insurer is referred to as Available Solvency Margin (ASM).
What is ape known for?
Although there are a number of differences between apes and monkeys (apes have a longer lifespan, larger body size, larger brain-to-body size ratio, and higher intelligence); the main difference is that monkeys have tails and apes do not have tails. The difference between great apes and lesser apes is general size.
What does apes stand for?
Advanced Placement (AP) Environmental Science (also known as APES, AP Enviro, AP Environmental, AP Environment, or AP EnviroSci) is a course and exam offered by the American College Board as part of the Advanced Placement Program to high school students interested in the environmental and natural sciences.
What does ape like mean?
apelike (comparative more apelike, superlative most apelike) Similar to an ape in appearance or movement. Given to servile imitation.
What is included in ape?
Your general or annual physical exam (APE) includes the standard blood testing, chest x-ray, and urinalysis. This is when you also have your physician conduct a standard physical assessment to see if there are any visible or noticeable changes in your body.
Why is ape so expensive?
Why are Bored Apes so expensive? Bored Apes are expensive due to their rarity, high-profile celebrity ownership, and the exclusive community they grant access to, which makes them highly sought after.
What is ape fund?
A.P.E. Fund stands for Animals, People, and the Environment. It's a granting program that helps fund high-needs Roots & Shoots projects across the country.