Gross Premium

Gross Premium is reference CR0059 in Lloyd's Coverholder Reporting Standards v5.2. It is a mandatory monetary field on premium (paid) bordereaux. Expected format: Numeric, 2 decimal places. Negative for returns/refunds.

Lloyd's reference
CR0059
Status
Mandatory
Data type
monetary
Format
Numeric, 2 decimal places. Negative for returns/refunds.

Applies to

Premium (paid)Mandatory

Paid premium reporting covers settlement: what was actually collected and in which currency.

Mapping this field from a coverholder file?

BDXFlow maps your columns to Gross Premium automatically, checks the format, and flags rows that would fail validation before you submit.

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Related fields

BDXFlow is not affiliated with, endorsed by, or connected to Lloyd’s. This page lists the structure of the Coverholder Reporting Standards: reference, data type, format and report applicability, described in our own words so you can map files against it. For the official definitions and guidance, see Lloyd’s Reporting Standards. “Lloyd’s” is a registered trademark of the Society of Lloyd’s.