Earnings Estimates

Premiums Ceded Out and Unearned represents reinsurance premium ceded out and changes in unearned premiums. This item serves as a contra account to Gross Premiums Written to obtain the Net Premiums Earned by an insurance company.

Premiums per Member per Month, Total represents the Company level Premiums per Member per Month, as reported by the company. It is obtained using the total revenues earned by the company, divided by the total number of member months.

Cumulative employer contributions in excess of accrued net pension cost for plans based in the company’s home country.

Cumulative employer contributions in excess of accrued net pension cost for plans based in countries other than the company’s home country.

Cumulative employer contributions in excess of accrued net pension cost for Post-Retirement plans.

Prepaid Expenses represents changes in prepaid expenses during the period. An increase in prepaid expenses has a negative impact on cash flow from operating activities, and vice versa.

Prepaid Expenses represents goods or services that have already been purchased, but not fully consumed or used.

Pretax Margin represents Income Before Tax divided by Total Revenue.

This is the closing price of a security from the previous trading day.

The last price for a stock