Net non-life insurance premiums (D.71)
4.109 Definition:
Net non-life
insurance premiums (D.71) are premiums payable under policies
taken out by institutional units. The policies taken out by
individual households are those taken out on their own initiative
and for their own benefit, independently of their employers or
government and outside any social insurance scheme 
. Net non-life insurance premiums comprise both the
actual premiums payable by policy holders to obtain insurance
cover during the accounting period (premiums earned) and the
premium supplements payable out of the property income attributed
to insurance policy holders, after deducting the service charges
of insurance enterprises arranging the insurance.
Net non-life insurance premiums are the amounts available to provide cover against various events or accidents resulting in damage to goods or property, or harm to persons as a result of natural or human causes (fires, floods, crashes, collisions, sinkings, theft, violence, accidents, sickness, etc.) or against financial losses resulting from events such as sickness, unemployment, accidents, etc.
4.110 Time of recording: Net non-life insurance premiums are recorded when they are earned.
The insurance premiums from which the service charges are deducted are those parts of the total premiums paid in the current period, or previous periods, that cover risks outstanding in the current period.
Premiums earned in the current period must be distinguished from the premiums due for payment during the current period, which are likely to cover risks in future periods as well as the current period.
4.111 In the system of accounts net non-life insurance premiums are recorded: