Abstract
When doing business there are different metrics of great importance, such as
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Statutory profit, since this is the base in order to determine and pay dividends.
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IFRS Profit, since this is one of the most regarded measures, which allows to compare different insurance entities.
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MCEV earnings and the corresponding value of new business, since this allows to determine an proxy for the economic value of the insurance entity and its ability to write profitable new business.
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Required and available risk capital, allowing to steer and measure the risk the company is running in order to achieve its strategic ambitions.
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© 2011 Springer-Verlag Berlin Heidelberg
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Koller, M. (2011). Risk Adjusted Performance Metrics. In: Life Insurance Risk Management Essentials. EAA Series. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-20721-1_10
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DOI: https://doi.org/10.1007/978-3-642-20721-1_10
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-20720-4
Online ISBN: 978-3-642-20721-1
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