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What does PVNBP stand for?

Present Value of New Business Premiums


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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Samples in periodicals archive:
Aviva said life-and-pensions new business sales for the January-March period on a present value of new business premiums, or PVNBP, basis was GBP9.
47 billion on the basis of the present value of new business premiums.
Key financial highlights [TABLE OMITTED] 1All references to sales in this announcement refer to the present value of new business premiums (PVNBP) unless otherwise stated.
9bn on the present value of new business premiums (PVNBP) basis, which covers all new single premiums plus a discounted value of new future regular premiums.
The present value of new business premiums in the first quarter totalled pounds 2.
Although reduced new business sales, whether measured on an Annual Premiums Equivalent (APE) or a Present Value of New Business Premiums (PVNBP) basis, affords some near-term benefits in the form of lower new business cashflow strains, the longer term negative implications -- damage to franchise and restrained long-term earnings generation -- outweigh any immediate benefits.

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