Premium report trend analysis

In a policy with premium reports, reporting trend analysis is a way to track how far apart the reported premiums are from the estimated premiums. Reporting trend analysis tracks the total estimated premium, total reported premium, the ratio between the premiums, and number of days reported. PolicyCenter displays these values on the policy Summary page and premium report Premiums page. These values are also stored in the database when the audit is submitted or after a premium report reversal. The database is also updated after a policy change, cancellation or reinstatement. You may use out-of-range ratios to indicate that the underwriter needs to review the policy for accuracy.