The volume measure for the premium risk SCR is based on the premiums earned in the previous 12 months, the premiums expected to be earned in the coming 12 months, and, for multi-year contracts, also the premiums to be written in the next 12 months. For the definitions of written and earned premiums we refer to  Commission Delegated Regulation (EU) 2015/35,  art. 1 (11)  and (12). The earned premiums for  the volume measure is the all-inclusive premium as received from the policyholder for the risk cover, that is the amount paid including any commercial reductions and profit surcharges.