Problem:
Earned premium on the statement of income of the National Association of Insurance Commissioners (NAIC) Annual Statement is calculated as Select one: A. The sum of the year's written premiums plus the unearned premium reserve at the end of the year, less the unearned premium reserve at the beginning of the year. B. The sum of the year's written premiums, less receivables from agents. C. The sum of the year's written premiums plus the unearned premium reserve at the beginning of the year, less the unearned premium reserve at the end of the year. D. The sum of unearned premiums at the beginning and the end of the year.