It is therefore essential that you, as an employee of the insurance sector, understand how your company operates, how its activity is measured via the balance sheet and the income statement, which main regulations influence this measure, which indicators are used to assess the performance and what levers can improve this performance.
The aim of this web session is to:
- Understand how to read an insurance balance sheet (with a focus on technical provisions and own funds)
- Be able to read an income statement (P&L) across regulatory frameworks
- Compute relevant Key Performance Indicators (KPIs)
- Understand the impact of risk mitigation (reinsurance) and Assets and Liabilities Management (ALM) on the KPIs