Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/New_business_strain> ?p ?o }
Showing triples 1 to 30 of
30
with 100 triples per page.
- New_business_strain abstract "For a life insurer, even if profitable business is written, the value of the company may appear to worsen (when viewed from a regulatory basis, for example) because of new business strain. This is a concept dealt with regularly by actuaries.New business strain occurs because the initial outgoings (such as commission, expenses, reserves, etc.) will take place when the policy is written, and thus have an immediate negative impact on the company's financial position. Over the life of the contract, future income (premiums, investment income, etc.) is expected to repay this initial outlay. However under some accounting regimes, the insurer may not take credit for such future surpluses.The impact is thus an immediate hit to solvency and profitability when a policy is written, followed by surpluses in later years that pay this back.New Business Strain is artificial in that it is a function of how a regulatory body, for example, might look at a life insurer's financial position. This tends not to be realistic, but instead conservative - because that is the role a regulator plays. Assuming its pricing assumptions are robust, a company's solvency and profitability actually increases when a new policy is written.Depending on what reporting basis is being used, new business strain can be eased by the use of Zillmerisation or a Deferred acquisition cost asset. As a result, local GAAP accounting and IFRS accounting tends to show much lower levels of new business strain than regulatory accounting.".
- New_business_strain wikiPageID "2897981".
- New_business_strain wikiPageLength "1695".
- New_business_strain wikiPageOutDegree "8".
- New_business_strain wikiPageRevisionID "639790386".
- New_business_strain wikiPageWikiLink Actuaries.
- New_business_strain wikiPageWikiLink Actuary.
- New_business_strain wikiPageWikiLink Category:Insurance_terms.
- New_business_strain wikiPageWikiLink Deferred_acquisition_cost.
- New_business_strain wikiPageWikiLink Generally_accepted_accounting_principles.
- New_business_strain wikiPageWikiLink Life_insurance.
- New_business_strain wikiPageWikiLink Life_insurer.
- New_business_strain wikiPageWikiLink Policy.
- New_business_strain wikiPageWikiLink Solvency.
- New_business_strain wikiPageWikiLink Zillmerisation.
- New_business_strain wikiPageWikiLinkText "New business strain".
- New_business_strain wikiPageWikiLinkText "new business strain".
- New_business_strain hasPhotoCollection New_business_strain.
- New_business_strain wikiPageUsesTemplate Template:Unreferenced.
- New_business_strain subject Category:Insurance_terms.
- New_business_strain type Article.
- New_business_strain type Article.
- New_business_strain type Term.
- New_business_strain comment "For a life insurer, even if profitable business is written, the value of the company may appear to worsen (when viewed from a regulatory basis, for example) because of new business strain. This is a concept dealt with regularly by actuaries.New business strain occurs because the initial outgoings (such as commission, expenses, reserves, etc.) will take place when the policy is written, and thus have an immediate negative impact on the company's financial position.".
- New_business_strain label "New business strain".
- New_business_strain sameAs m.08b0db.
- New_business_strain sameAs Q7016389.
- New_business_strain sameAs Q7016389.
- New_business_strain wasDerivedFrom New_business_strain?oldid=639790386.
- New_business_strain isPrimaryTopicOf New_business_strain.