net-rated price
87(in ICOBS 6B and SUP 16.28) for net-rated business, the price set by an insurer or managing agent which includes the risk price and the insurer’s or managing agent’s profit margin.
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87(in ICOBS 6B and SUP 16.28) for net-rated business, the price set by an insurer or managing agent which includes the risk price and the insurer’s or managing agent’s profit margin.